Corzine Denies Knowledge on the Whereabouts of MF Global Customers’ $1.2 Billion
December 28, 2011 Jon Corzine, the former chief executive of MF Global, apologized Thursday “to all those affected” by the collapse of the brokerage as he told a congressional committee that he does not know what happened to the $1.2 billion in missing customer funds. Corzine, who testified under subpoena at a hearing conducted […]
Spotlight Focuses on Construction Defects Statute
December 28, 2011 When a construction defect complaint was settled for $19 million in favor of the Vistana homeowners association in southwest Las Vegas in 2007, the settlement amount stood out even in the big-money arena of construction defect litigation. According to federal authorities, the large settlement came about as a result o fraud. A […]