Corzine Archives - Carrier Management

Three Years Later, Some MF Global Creditors Getting Paid

A large group of creditors of MF Global Holdings Ltd.'s bankrupt brokerage unit will soon receive their first payout, as $518.7 million of checks start to be mailed out on Friday, the third ...

Judge: Corzine, Ex-MF Global Execs Can Tap More Insurance Funds for Defense

Jon Corzine and other former insiders of collapsed brokerage MF Global can tap another $10 million of insurance funds to defend lawsuits accusing them of hastening the firm's downfall, a U.S judge ...

MF Global Alleges ‘Erroneous Accounting Advice’ in $1B Suit Against PwC

MF Global Holdings Ltd., which filed for bankruptcy after a failed $6.3 billion bet on bonds of some of Europe's most indebted nations, sued PricewaterhouseCoopers LLP for $1 billion, alleging ...

Corzine Masterminded ‘Scheme’ at MF Global, New Trustee Says; D&O Insurance Intact?

Jon Corzine, the former head of MF Global Holdings Ltd., masterminded a scheme to inflate earnings that led to the eighth-biggest bankruptcy in U.S. history, according to an updated lawsuit filed by ...

U.S. Lawmakers Want Perjury Probe For Corzine

A group of Republican lawmakers called on Friday for a criminal investigation of Jon Corzine, the head of failed futures broker MF Global, saying he may have committed perjury when speaking before ...

Corzine Faces Trading Ban as CFTC Sues in MF Global Failure

A U.S. regulator's lawsuit against Jon Corzine could make him the first former leader of Goldman Sachs Group Inc. to be banned from trading, the industry he returned to after serving as a New Jersey ...

CFTC Likely To Charge MF Global Execs Beyond Corzine: Legal Experts

The lawsuit that the U.S. Commodity Futures Trading Commission is considering filing against MF Global chief executive Jon Corzine would require the CFTC also to charge other former MF Global ...

Trustee Sues Ex-MF Global CEO Corzine; Insurance Cover Uncertain

Jon Corzine was sued by the bankruptcy trustee liquidating MF Global Holdings Ltd, who accused the former chief executive of negligently pursuing a high-risk business strategy that culminated in the ...