MF Global Lawyers Want To Get Paid

HFA Padded
Mark Melin
Published on
Updated on

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…

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HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.