SOURCE: Brodsky & Smith, LLC
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March 12, 2008 18:06 ET
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit Against MF Global, LTD.
BALA CYNWYD, PA--(Marketwire - March 12, 2008) - Law offices of Brodsky & Smith, LLC
announces that a class action lawsuit has been filed on behalf of all
persons who purchased the common stock of MF Global, LTD. ("MF Global" or
the "Company") (NYSE: MF) in its Initial Public Offering on July 19, 2007
and on the open market through February 28, 2008 (the "Class Period"). The
class action lawsuit was filed in the United States District Court for the
Southern District of New York.
The Complaint alleges that defendants violated federal securities laws by
issuing a series of material misrepresentations to the market, thereby
artificially inflating the price of MF Global.
No class has yet been certified in the above action. Until a class is
certified, you are not represented by counsel unless you retain one. If
you are a MF Global shareholder you have certain rights. To be a member of
the class you need not take any action at this time, and you may retain
counsel of your choice. If you want to discuss your legal rights, 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 Evan J. Smith, Esquire or Marc L. Ackerman, Esquire at Brodsky &
Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at
clients@brodsky-smith.com, or by calling toll free 877-LEGAL-90.