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MF Global Must Face Suit Over $1.6B In Missing Funds

By Stephanie Russell-Kraft ( November 12, 2013, 7:03 PM EST) -- A New York federal judge on Tuesday refused to toss a proposed class action alleging officers of the bankrupt broker-dealer MF Global lied to investors about the company's financial stability —including a $1.6 billion shortfall in customer funds — writing in a strongly worded order that the firm couldn't possibly be blameless....

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