LexisNexis® Legal Newsroom
Court Orders MF Global to Pay over $1 Billion in Restitution to Its Customers

A federal court has entered an order on consent against MF Global Inc. requiring it to pay $1.212 billion in restitution to customers of MF Global to ensure that the customers recover their losses sustained when MF Global failed in 2011. The order, entered by U.S. District Court Judge Victor Marrero...

The ‘B’ Word is #5 in Financial Fraud Law for the Year

Consider these recent financial fraud-related settlements: - SAC Capital Pleads Guilty to Insider Trading and Will Pay $1.8 Billion; - Johnson & Johnson to Pay More than $2.2 Billion to Resolve Criminal and Civil Investigations; - Rabobank Admits Wrongdoing in Libor Investigation, Agrees...