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Securities Class Action Lawsuit Filed for MF Global Investors, Announces Goldfarb Branham Law Firm LLP

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November 07, 2011 16:17 ET

Securities Class Action Lawsuit Filed for MF Global Investors, Announces Goldfarb Branham Law Firm LLP

DALLAS, TX--(Marketwire - Nov 7, 2011) - [ Goldfarb Branham LLP ] announced that a class action has been filed for MF Global shareholders (PINKSHEETS: [ MFGLQ ]) due to the scandal surrounding Jon Corzine's resignation as chairman and chief executive of MF Global. Stockholders who purchased or acquired MF Global securities from February 4, 2010 to October 28, 2011 are encouraged to contact Hamilton Lindley at 877-583-2855 or [ hlindley@goldfarbbranham.com ] to discuss their rights and remedies.

"The complaint, filed in the Southern District of New York, alleges that MF Global management knew or should have known that the company was suffering from serious liquidity pressures, its internal controls were deficient and that the Company's risk profile would lead to a credit rating downgrade," said Hamilton Lindley. "In a single week, MF Global investors lost over $580 million. The proposed class action lawsuit seeks to get that money back for MF Global stockholders."

[ Goldfarb Branham LLP ] securities lawyers have represented stockholders in hundreds of shareholder class action lawsuits. If you purchased MF Global securities from February 4, 2010 to October 28, 2011, contact Hamilton Lindley at [ hlindley@goldfarbbranham.com ] or toll free at 877-583-2855.