MF Global, Ltd. Class Action Litigation.: Filed Case

• Opinion And Order (0.67 MB)
  Case 1:08-cv-06858-JSR Document 17 Filed 04/08/2009 Page 1 of 17 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK JERRY N. POLLIO, Plaintiff, -v- MF GLOBAL, LTD., KEVIN R. DAVIS, and J. RANDY MACDONALD, Defendants. 08 Civ. 6858 (JSR) OPINION AND ORDER JED S. RAKOFF, U.S.D.J. Plaintiff Jerry N. Pollio brings this securities class action on behalf of himself and other individuals who purchased stock in defendant MF Global Ltd. ("MF Global" or "the Company") between March 17, 2008 and June 20, 2008 ("the Class Period"). In his Complaint for Violation of the Securities Laws ("the "Complaint"), plaintiff alleges that MF Global, together with its individual officers, defendants Kevin R. Davis and J. Randy MacDonald, made a series of false and misleading statements regarding MF Global's financial condition that caused MF Global's stock to trade at artificially inflated prices during the Class Period in violation of the Securities Exchange Act of 1934. On September 19, 2008, defenda
  
  
• Decision And Order (0.93 MB)
  Case 1:08-cv=02233-VM Document 158 Filed 07/18/2009 Page 1 of 36 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK ------------------------------------------x MICHAEL RUBIN, : : 08 Civ. 2233 (VM) Plaintiff, : : DECISION AND ORDER - against - : MF GLOBAL, LTD. et al. , : Defendants. : ------------------------------------------x VICTOR MARRERO, United States District Court. This case is the lead case in an action regarding alleged violations of the federal securities laws in connection with the initial public offering ("IPO") of common stock of defendant MF Global, Ltd. ("MF Global") . Lead plaintiffs have alleged violations of the Securities Act of 1933 (the "Securities Act"), §§ 11, 12(a) (2), and 15. 15 U.S.C. §§ 77k, 771(a)(2), and 77. The Corrected Consolidated Class Action Complaint, dated September 12, 2008 (the "CCAC"), names as defendants MF Glob
  
  
• Order (42 KB)
  UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK JERRY N. POLLIO, Plaintiff, -v- MF GLOBAL, LTD., KEVIN R. DAVIS, and J. RANDY MACDONALD, Defendants. 08 Civ. 6858 (JSR; ORDER IJVSDCSDNY DOCUMENT £K)C#: filedT >C-7 Cy JED S. RAKOFF, U.S.D.J. Defendants move pursuant to Fed. R. Civ. P. 9(b) and 12(b)(6) to dismiss plaintiff's Complaint, and plaintiff, in turn, moves for consolidation, appointment as lead plaintiff, and for approval of selection of lead counsel. For reasons that will be explained in a subsequent Memorandum Order that will issue in due course, defendants' motion is hereby granted, and plaintiff's motions are hereby denied. However, final judgment will not be entered until the Court issues its Memorandum Order. In the meantime, the case is stayed in its entirety, and the Clerk of the Court is directed to close document numbers 5 and 9 on the Court's docket. SO ORDERED. -JED S FF, U.S.D.J. Dated: New York, New York December 29, 2008
  
  
• Corrected Consolidated Class Action Complaint (1.12 MB)
  UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK MICHAEL RUBIN, Plaintiff, MF GLOBAL, LTD., ET AL„ Defendants. M SEP 12 ph6.05 No. 0&Cfv. 02233 (VM) RCUIT jiTORY Y TRIAL DEMANDED ASS ACTION CORRECTED CONSOLIDATED CLASS ACTION COMPLAINT The MF Global Institutional Investors Group, consisting of the Iowa Public Employees' Retirement System, the Policemen's Annuity & Benefit Fund of Chicago, the Central States, Southeast and Southwest Areas Pension Fund, and the State-Boston Retirement System, as Court-appointed Lead Plaintiffs (collectively "Lead Plaintiffs"), brings this federal securities law class action on behalf of all purchasers of common stock of MF Global, Ltd. ("MF Global" or the "Company") pursuant or traceable to the Registration Statement and Prospectus issued in connection with the Company's Initial Public Offering (the "IPO") on or about July 19, 2007 (the "Class"). The allegations herein are based upon the investigation of Lead Plaintiffs' counsel, which included, among othe
  
  
• Complaint For Violation Of The Federal Securities Laws (72 KB)
  UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK JERRY N. POLLIO, Individually and On Behalf of All Others Similarly Situated, Plaintiff, vs. MF GLOBAL LTD., KEVIN R. DAVIS and J. RANDY MACDONALD, Defendants. Civil Action No. CLASS ACTION COMPLAINT FOR VIOLATION OF THE FEDERAL SECURITIES LAWS DEMAND FOR JURY TRIAL INTRODUCTION 1. This is a securities class action on behalf of all persons and entities who purchased or otherwise acquired the common stock of MF Global Ltd. (“MF Global” or the “Company”) between March 17, 2008 and June 20, 2008 (the “Class Period”), against MF Global and certain of its officers and/or directors for violations of the Securities Exchange Act of 1934 (“1934 Act”). 2. MF Global is a broker of exchange-listed futures and options. The Company provides execution and clearing services for exchange-traded and over-the-counter (“OTC”) derivative products, as well as for non-derivative foreign exchange products and securities in the cash market. It prov
  
  
• Order (44 KB)
  UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK -X rsnssn\> ELECTRONICALLY FILED ; DOC #:______, I DATE FILED: (#- <*'$¥ ; 08 Civ 2233 ORDER -X MICHAEL RUBIN, et al., Plaintiffs, - against -MF GLOBAL, LTD., et al., Defendants. VICTOR MARRERO, United States District Judge. The Court held a conference on June 20, 2008 (the "Conference") regarding the appointment of lead plaintiff (s) and lead counsel. For the reasons stated at the Conference, it is hereby ORDERED that the motion (Docket No. 42) by movants Iowa Public Employees' Retirement System; Policemen's Annuity & Benefit Fund of Chicago; Central States, Southeast, Southwest Areas Pension Fund; and State-Boston Retirement System (collectively, "MF Global Institutional Investor Group") for appointment to serve as lead plaintiffs is GRANTED; and it is further ORDERED that the law firms of Barrack, Rodos & Bacine and Cohen, Milstein, Hausfeld & Toll, P.L.L.C. are approved to serve as co-lead counsel; and it i
  
  
• Order (42 KB)
  UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK X MICHAEL RUBIN, Plaintiff(s), against MF GLOBAL, LTD., ET AL., Defendants. 08 Civ. 2233 (VM) -X X NANETTE KATZ, Plaintiff(s), against MF GLOBAL, LTD., ET AL., Defendants. 08 Civ. 2802 (VM) ORDER VICTOR MARRERO, United States District Judge. Upon review of the complaints and other papers filed with the Court in connection with the cases captioned above, the Court noted that the complaints describe the same or substantially similar underlying events and operative facts, and assert the same or substantially similar causes of action against all or most of the same defendants. Accordingly, it is hereby ORDERED that the Clerk of Court is directed to consolidate the two cases captioned above for all purposes; and it is further ORDERED that all filings in connection with the consolidated action be docketed against the remaining lower number case, 08 Civ. 2233; and its finally ORDERED that the Clerk of Court close the referenced hig
  
  
• Order (49 KB)
  Case 1:08-cv-02233-VM Document 17 Filed 04/15/2008 Page 1 of 2 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK X MICHAEL RUBIN, Plaintiff, against MF GLOBAL, LTD., et al., Defendants 08 Civ. 2233 (VM) -X X USDS SDNY DOCUMENT ELECTRONICALLY FILE POC#:_______ DATE FILED.y^ - I5~-Q "f MICHAEL J. RUDNICK, Plaintiff, against MF GLOBAL, LTD., et al., Defendants 08 Civ. 3359 (VM) ORDER -X VICTOR MARRERO, United States District Judge. Upon review of the complaints and other papers filed with the Court in connection with the cases captioned above, the Court noted that the complaints describe the same or substantially similar underlying events and operative facts, and assert the same or substantially similar causes of action against all or most of the same defendants. Accordingly, it is hereby ORDERED that the Clerk of Court is directed to consolidate the two cases captioned above for all purposes; Case 1:08-cv-02233-VM Document 17 Filed 04/15/2008 Page 2
  
  
• Class Action Complaint (72 KB)
  UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK MICHAEL J. RUDNICK, Individually and On Behalf of All Others Similarly Situated, ) Plaintiff, vs. MF GLOBAL LTD., MAN GROUP PLC, KEVIN R. DAVIS, AMY S. BUTTE, ALISON J. CARNWATH, CHRISTOPHER J. SMITH, CHRISTOPHER BATES, HENRI J. STEENKAMP and EDWARD L. GOLDBERG, Defendants. CIVIL ACTION NO. CLASS ACTION COMPLAINT JURY TRIAL DEMANDED Plaintiff, Michael J. Rudnick ("Plaintiff"), alleges the following based upon the investigation by Plaintiff's counsel, which included, among other things, a review of the defendants' public documents, conference calls and announcements made by defendants, United States Securities and Exchange Commission ("SEC") filings, wire and press releases published by and regarding MF Global Ltd. ("MF" or the "Company"), securities analysts' reports and advisories about the Company, and information readily available on the Internet, and Plaintiff believes that substantial additional evidentiary support will exist for the al
  
  
• Class Action Complaint For Violations Of Federal Securities Laws (1.51 MB)
  UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK FRANK MATASSA, Individually And On Behalf of All Others Similarly Situated, Plaimii'f; vs. Ml- GLOBAL LTD, MAN GROUP PLC, EDWARD L. GOLDBERG, AMY S. BUTTli ALISON J. CARNWATH, KEVIN R. DAVIS, CHRISTOPHER J. SMITH, MERRILL LYNCH, PIERCE, FENNliR & SMITH INC., CREDIT SUISSE SECURITIES (USA) LLC, CITIGROUP GLOBAL MARKETS INC., J.P. MORGAN SECURITIES INC., LEHMAN BROTHERS TNG., UBS SECURITIES LLC, GOLDMAN, SACHS & CO., MORGAN STANLEY & CO. INC., and DEUTSCHE BANK SECURITIES INC. Defendants. NATURE OF THE ACTION 1. This is a class action brought on bebal !'of the purchasers of the common slock of MF Global Ltd. ("MF Global' or the "Company") pursuant to iff July 20, 2007 Initial Public Offering ("IPO" or the "Offering") of 97.379 million shares of common stock, in connection with this Offering - all shares of which were sold by MF Global1 s corporate parent, Man Group, Pic, ("Man Group") 1 - defendants raised gross proceeds of at least $2,921 billion
  
  
• Class Action Complaint For Violations Of The Federal Securities Laws (0.70 MB)
  UNITED STATES DlSTRICT|£QJiRT SOUTHERN DISTRICT OF I^fS|>RK NANETTE KATZ. On Behalf of Herself and All Others Similarly Situated, Plaintiff, v. MF GLOBAL, LTD., MAN GROUP PLC, KEVIN R. DAVIS, AMY S. BUTTE, CHRISTOPHER J. SMITH, ALISON J. CARNWATH, CHRISTOPHER BATES, EDWARD L. GOLDBERG AND HENRI J. STEENKAMP, Defendants. Plaintiff. Nanette Katz, on behalf of herself and all others similarly situated, by her undersigned attorneys, alleges upon personal knowledge as to herself and her own acts, and information and belief as to all other matters, based upon, inter alia, the investigation conducted by and through her attorneys, which included, among other things, a review of public documents and announcements made by the defendants, Securities and Exchange Commission ("SEC") filings, news articles and press releases regarding MF Global. Ltd. {"MF" or the "Company"), and plaintiff believes that substantial evidentiary support will exist for the allegations set forth herein after a reasonable opportunity for d
  
  
• Class Action Complaint (0.51 MB)
  & P *• »!-v --». , _ U • ' : ^' ' .......->..... _ f\"[. • • •. "\ UNff ED'STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK MICHAEL RUBIN, Individually and On Behalf of All Others Similarly Situated, Plaintiff, vs. MF GLOBAL, LTD., MAN GROUP PLC, KEVIN R. DAVIS, AMY S. BUTTE, ALISON J. CARNWATH, CHRISTOPHER J. SMITH, CHRISTOPHER BATES, HENRI J. STEENKAMP and EDWARD L. GOLDBERG, Defendants. ¦:?^v' ;'f CIVIL ACTION NO. CLASS ACTION COMPLAINT JURY TRIAL DEMANDED Plaintiff, for his complaint against the defendants, alleges the following: NATURE OF THE ACTION 1. This is a securities class action seeking redress under the strict liability provisions of the federal securities laws on behalf of all purchasers of MF Global, Ltd. ("MF" or the "Company") common stock pursuant or traceable to the Registration Statement and Prospectus issued in connection with the Company's Initial Public Offering on or about July 19, 2007 ("IP
  
  
• Class Action Complaint (0.77 MB)
  UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK SUNSHINE WIRE AND CABLE DEFINED BENEFIT PENSION PLAN TRUST, Individually and On Behalf of All Others Similarly Situated, Plaintiff, vs. MF GLOBAL, LTD., MAN GROUP PLC, KEVIN R. DAVIS, AMY S. BUTTE, ALISON J. CARNWATH, CHRISTOPHER J. SMITH, CHRISTOPHER BATES, HENRI J. STEENKAMP and EDWARD L. GOLDBERG, Defendants. CIVIL ACT O CLASS ACTION COMPLAINT JURY TRIAL DEMANDED Plaintiff alleges the following based upon the investigation of Plaintiff s counsel. The investigation included a review of United States Securities and Exchange Commission ("SEC") filings, regulatory filings and reports, securities analysts' reports, public statements, and media reports. Plaintiff believes that substantial additional evidentiary support will exist for the allegations set forth herein after a reasonable opportunity for discovery. NATURE OF THE ACTION 1. This is a securities class action seeking redress under the strict liability provisions of the fede