The settlement is an improvement from an earlier plan that would have returned only 80% of the lost assets to clients.
Read the full article from the New York Times here.
Estimated reading time: 0 minutes, 18 seconds
MF Global Clients to Recoup 93% of Lost Assets
A settlement that will return 93% of MF Global clients’ assets that were lost when the company collapsed in 2011 has been approved by a bankruptcy judge, reports the New York Times.
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