The lawyers who recovered over $200 million for MF Global investors through their class action lawsuit are now seeking their cut. Bernstein Litowitz Berger & Grossmann LLP and Bleichmar Fonti Tountas & Auld LLP are asking the court to compensate them to the collective tune of $42.1 million resulting from their extracting $204.4 million in settlements reached with MF Global senior executives and other defendants.
Questionable 2 AM bankruptcy decision clouded picture to find missing funds
The lawsuit cited MF Global as misleading investors about its business and financial results leading up to the Halloween 2011 bankruptcy, an event that took place at a Setup a free account to get access to this article (no credit card required).Login required to continue reading.
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