Close

Tripp Levy PLLC Investigates MF Global

November 2, 2011 5:55 PM EDT
Get Alerts MFGLQ.PK.ob Hot Sheet
Join SI Premium – FREE
This is a test header.

NEW YORK--(BUSINESS WIRE)-- Tripp Levy PLLC, a leading national securities law firm, announces that it is investigating potential claims on behalf of investors who purchased MF Global (OTC:MFGLQ.PK.ob) 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 due 2016.

The investigation concerns whether the underwriters at the time of the offering adequately performed their obligation to the investors. Only one month after the offering, regulators reported that MF Global was overvaluing some of its European debt investments, and that as a result it was required to raise more cash. And just this week MF Global filed for bankruptcy after it reported the largest quarterly loss in company history, mostly caused by big losses on extremely risky trading.

If you purchased MF Global common stock or 6.250% Senior Notes due 2016 on the offering and you wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Tripp Levy
Tripp Levy PLLC
125 East 82nd Street
9th Floor
New York, New York
Toll Free: 877-772-3975

Email: [email protected]

 

Tripp Levy PLLC is a national law firm that specializes in mergers & acquisitions, takeover litigation, shareholder rights, and corporate governance matters in state and federal courts throughout the United States. Attorney advertising. Prior results do not guarantee a similar outcome.

Tripp Levy PLLCTripp Levy, 877-772-3975[email protected]

Source: Tripp Levy PLLC



Are you missing key trading opportunities? Upgrade to StreetInsider Premium and get a step ahead of the market - FREE TRIAL!





Related Categories

Press Releases

Related Entities

Bankruptcy