MF Global Securities Litigation (OTC: MFGLQ.PK.ob)
Law Office of Brodsky & Smith, LLC Announces Investigation of MF Global
BALA CYNWYD – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims on behalf of investors that purchased MF Global (“MF Global” or the “Company”) (OTC: MFGLQ.PK.ob – News) common stock or 6.250% Senior Notes due 2016 which were offered for sale in August of 2011. The offering consisted of $325 million in aggregate principal amount of 6.250% Senior Notes.
The investigation concerns if the underwriters of the securities breached their obligation to conduct adequate due diligence during the underwriting process. It has been reported that MF Global, which has filed for bankruptcy protection, has admitted to using and diverting client money. In addition, only one month after the offering, regulators reported that MF Global was overvaluing some of its European debt investments and was required to raise cash.
If you purchased shares of MF Global or 6.250% Senior Notes due in 2016, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at firstname.lastname@example.org, or by calling toll free 877-LEGAL-90.
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Fax or Email the signed retention agreement to us at 610-667-9029 or email@example.com, and mail an original to us at the following address:
Evan J. Smith, Esquire
Brodsky & Smith, LLC
Two Bala Plaza, Suite 510
Bala Cynwyd, PA 19004
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