Trustee sues MF Global execs

Published Apr 24, 2013 at 05:00AM

A bankruptcy trustee has sued Jon Corzine and other former MF Global executives, claiming they were “grossly negligent” in the lead up to the brokerage firm’s collapse.

The action by the trustee, Louis Freeh, comes just weeks after he agreed to postpone the lawsuit and enter mediation with Corzine. Now, by filing the litigation, Freeh appears to have jeopardized those talks.

— From wire reports