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Class Action News

Class Action Legal News articles include legal news and lawsuit information about lawsuits filed, settlements reached and verdicts rendered in class action cases dealing with personal injury, defective products, bad drugs and other consumer law related news issues. Many of these articles include interviews from top legal professionals with guidance on legal recourse options from losses resulting from bad drugs, medical malpractice, investment fraud, personal injury, defective products and negligent employers.

  • Grand Jury Looking into Failure of MF Global
    Grand Jury Looking into Failure of MF Global
    March 15, 2012

    Washington, DC An MF Global lawsuit was pushed into the spotlight yet again recently with the revelation that a federal grand jury in Chicago is looking into the trail of a missing $1.6 billion in assets, asserted a recent report by The Associated Press.

  • Attorney Diane Nygaard: MF Global Clients Face Deadline to File Claims
    Attorney Diane Nygaard: MF Global Clients Face Deadline to File Claims
    March 9, 2012

    Chicago, IL Clients who had money frozen and are considering an MF Global lawsuit should check their client agreements. According to Diane Nygaard, a securities and commodities attorney at Kenner Schmitt Nygaard, LLC, clients affected by MF Global securities fraud will likely have to file an arbitration, which is actually good news, because it means claimants will not have to wait until bankruptcy is over before receiving their MF Global funds. But it also means that time is of the essence for clients to file a claim.

  • Lead Plaintiffs in Combined MF Global Lawsuit Out $19 Million: Report
    Lead Plaintiffs in Combined MF Global Lawsuit Out $19 Million: Report
    February 24, 2012

    New York, NY It's not just the small investor embroiled in an MF Global lawsuit. Larger players, such as the Province of Alberta in Canada, and the Virginia Retirement System (VRS), have been reportedly burned by alleged misdeeds that led to the collapse of MF Global Holdings Ltd.

  • UK Clients Begin to Receive Payments After MF Global Lawsuit
    UK Clients Begin to Receive Payments After MF Global Lawsuit
    February 15, 2012

    London, England Payments have been made to some clients in the UK after the MF Global lawsuit, as the defunct brokerage firm is being unwound in the face of a legal spat with the US trustee of the company, The Wall Street Journal reported.

  • MF Global Clients Can Still Recover Money through Arbitration
    MF Global Clients Can Still Recover Money through Arbitration
    February 8, 2012

    Kansas City, MO A newly released trustee's report regarding the alleged MF Global securities fraud appears to dash hope of MF Global clients recovering their missing money, but Diane Nygaard (pictured), a securities and commodities attorney at Kenner Schmitt Nygaard, LLC, says clients can still recover their money through arbitration. Customer arbitrations, especially group arbitrations, are most likely to be successful in recovering customers' funds.

  • Trustee Notes Company May Recover Funds after MF Global Stock Fraud
    Trustee Notes Company May Recover Funds after MF Global Stock Fraud
    January 26, 2012

    New York, NY Months after the news broke over the MF Global stock fraud case, the trustee overseeing the liquidation of the company's holdings brokerage is exploring ways to recover additional customer assets, Dow Jones reported.

  • Attorney: MF Global Clients Unlikely to Recover Money without Arbitration
    Attorney: MF Global Clients Unlikely to Recover Money without Arbitration
    January 23, 2012

    Kansas City, MO Despite the efforts of the FBI, the Department of Justice attorneys and investigators from the SEC, CFTC and NFA, the $1.2 billion of customers' funds missing from MF Global securities have not been found. Recent reports indicate the funds have likely gone abroad, possibly indicating MF Global securities law violations. According to Diane Nygaard, a securities and commodities attorney at Kenner Schmitt Nygaard, LLC, customers of the MF Global securities firm have only three avenues to try to recover the 28 percent of their money that they have not yet received.

  • UK MF Global Clients Get Money Back
    UK MF Global Clients Get Money Back
    January 9, 2012

    New York, NY Clients of MF Global may have let out a celebratory cheer when they read about the $1.2 billion being returned to the company's clients. Unfortunately, that money is going to MF Global securities clients in Europe, not those in the United States. That means that victims of alleged MF Global securities fraud will likely still have to file an arbitration to recover their missing money, according to Diane Nygaard, a securities and commodities attorney at Kenner Schmitt Nygaard, LLC.

  • Attorney: MF Global Clients Can File Arbitration to Obtain Lost Money
    Attorney: MF Global Clients Can File Arbitration to Obtain Lost Money
    December 29, 2011

    Kansas City, MO Clients who were affected by the MF Global bankruptcy and have had their funds frozen may be eligible to file an arbitration against the company to recover lost money. Diane Nygaard, a securities and commodities attorney at Kenner Schmitt Nygaard, LLC, says among those affected by the MF Global transactions are farmers, who were hedging their crops. They, and others who invested with MF Global, may have to file an arbitration if they hope to see their money again. In fact, an arbitration might be their best hope of seeing their money.

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