Former Refco CFO Dropped From Securities Action

By Evan Weinberger ( October 20, 2010, 7:18 PM EDT) -- Investors alleging Refco Inc. artificially inflated its stock through false statements, nondisclosures and fraudulent conduct prior to a 2005 initial public offering have agreed to drop their claims against the failed brokerage's ex-chief financial officer, who already pled guilty to related criminal charges. . . .

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