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Jon Corzine

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  • NEW YORK, July 9- A federal judge on Wednesday rejected PricewaterhouseCoopers' request to dismiss a $1 billion lawsuit accusing the auditor of providing bad accounting advice that contributed to the October 2011 collapse of MF Global Holdings Ltd, a brokerage run by former New Jersey Governor Jon Corzine.

  • NEW YORK, May 19- 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 said on Monday.

  • Nearly 26,500 former commodities and securities customers of the MF Global Inc brokerage will share in the payout, which will be made over the next several weeks, the trustee, James Giddens, said on Thursday.

  • NEW YORK, March 28- The administrator of MF Global Holdings Ltd's bankruptcy plan on Friday sued the auditor PricewaterhouseCoopers for at least $1 billion over its advice on a $6.3 billion European sovereign debt investment that helped fuel the brokerage's rapid demise.

  • NEW YORK, March 28- The administrator of MF Global Holdings Ltd's bankruptcy plan on Friday sued the auditor PricewaterhouseCoopers for at least $1 billion over its advice on a $6.3 billion European sovereign debt investment that helped fuel the brokerage's rapid demise.

  • PwC is sued for $1 bln over MF Global collapse Friday, 28 Mar 2014 | 3:24 PM ET

    March 28- The administrator of MF Global Holdings Ltd's bankruptcy plan on Friday sued PricewaterhouseCoopers for at least $1 billion, accusing the auditor of professional malpractice in connection with the brokerage's investment in European sovereign debt.

  • NEW YORK, March 25- Jon Corzine, the former MF Global Holdings Ltd chief executive, and two former colleagues failed to win the dismissal of a lawsuit by a trustee seeking to hold them responsible for the futures brokerage's rapid demise and bankruptcy.

  • WASHINGTON, March 4- The White House on Tuesday asked Congress to ramp up funding for the U.S. securities regulator, but caused an outcry from the top derivatives regulator by scaling back its prior request for a boost for that agency.

  • *Lawsuit seeks to hold former MF Global CEO Corzine, others responsible for brokerage's collapse. NEW YORK, Feb 11- A federal judge on Tuesday allowed a lawsuit to move forward that seeks to hold former MF Global Holdings Ltd Chief Executive Officer Jon Corzine and other executives responsible for the brokerage's collapse.

  • Judge orders MF Global to pay customers $1 billion Monday, 18 Nov 2013 | 12:53 PM ET
    MF Global sign is seen in the office building where MF Global Holdings Ltd have offices in Manhattan on November 1, 2011 in New York.

    A judge ordered MF Global to return more than $1 billion to harmed customers and pay an additional $100 million penalty as part of a civil settlement.

  • Corzine, banks must face MF Global lawsuit, judge says Tuesday, 12 Nov 2013 | 2:54 PM ET
    Jon Corzine testifies at a Capitol Hill hearing on Dec. 15, 2011.

    Former MF Global CEO Jon Corzine lost his bid to dismiss a lawsuit seeking to hold him, colleagues and other banks accountable for the firm's demise.

  • It's found money for MF Global customers Wednesday, 6 Nov 2013 | 10:45 AM ET

    The move, approved by a bankruptcy court judge, will repay MF Global customers by reallocating funds initially earmarked for non-customer unsecured creditors.

  • Two years ago MF Global blew up taking down $1.6 billion of customer money. In this "Santelli Exchange Extra," CNBC's Rick Santelli talks with James Koutoulas, the man who successfully led the battle to reclaim those lost funds.

  • Financial watchdog with bite to depart his agency Tuesday, 1 Oct 2013 | 12:03 PM ET
    David Meister, the head of the Commodity Futures Trading Commission's enforcement unit, in his office in Washington, Sept. 27, 2013.

    David Meister is planning to step down as head of CFTC enforcement, even as big battles against financial titans have yet to play out.

  • CNBC's Kate Kelly offers details of the lawsuit against Former MF Global CEO Jon Corzine, and former executive Edith O'Brien; and CFTC Commissioner Bart Chilton, wants to ensure customers that the government is looking out for them.

  • CFTC Sues MF Global Executives     Thursday, 27 Jun 2013 | 2:30 PM ET

    In a 4-count suit, the CFTC has charged former MF Global CEO Jon Corzine and former MF Global executive Edith O'Brien, reports CNBC's Kate Kelly.

  • CFTC Suing Defunct Brokerage MF Global     Thursday, 27 Jun 2013 | 1:51 PM ET

    CNBC's Kate Kelly reports the charges against Jon Corzine will include a failure to supervise, and the charges against the firm include a misuse of funds. Kayla Tausche and John Carney discuss.

  • Corzine In the Crosshairs     Tuesday, 25 Jun 2013 | 4:34 PM ET

    Federal regulators are expected to file civil charges against former MF Global chief Jon Corzine for his role in the collapse of the firm, reports CNBC's Kayla Tausche. Thomas Curran, Peckar & Abramson, and Andrew Stoltmann, Stoltmann Law Offices, discuss the case.

  • Corzine Civil Suit?     Tuesday, 25 Jun 2013 | 10:25 AM ET

    The CFTC is looking to sue Jon Corzine for the collape of MF Global and the firm's misuse of customer funds, reports CNBC's Kayla Tausche.

  • MF Global Trustee Slaps Ex-CEO Corzine With Lawsuit Tuesday, 23 Apr 2013 | 11:12 AM ET
    Jon Corzine

    Jon Corzine, the former chief executive of MF Global Holdings, was sued by the trustee for the futures and commodities brokerage, who accused him of contributing to the company's October 2011 bankruptcy.