Former MF Global Executives: Case Against Them Fails; No Evidence Of Fraud Shown

Former MF Global Executives: Case Against Them Fails; No Evidence Of Fraud Shown

NEW YORK - A group of former executives of bankrupt MF Global Holdings Inc. (MFGH) on Jan. 16 filed a brief in the U.S. District Court for the Southern District of New York arguing that the class action that was filed against them alleging violations of the Commodity Exchange Act (CEA) in connection with MFGH's bankruptcy should be dismissed (Joseph DeAngelis v. Jon S. Corzine, et al. $(In re: MF Global Holdings Limited Securities Litigation$), No. 11-7866, S.D. N.Y.).

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