Wednesday, December 5, 2012

Would You Believe....MF Global customer claims almost all resolved

The trustee overseeing the liquidation of MF Global's failed futures brokerage said he expects the more than 28,000 customer claims that have been filed to be fully resolved within the next few months, according to a report filed in court on Tuesday.

However, further distributions to those customers will hinge largely on the outcome of pending claims against the failed brokerage by its parent company, MF Global Holdings Ltd, and its British affiliate, according to the progress report from trustee James Giddens….

Read all about it at http://finance.yahoo.com/news/mf-global-customer-claims-near-033253505.html

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