$141M MF Global Loss Gets Ex-Trader 5 Years In Prison

By Megan Stride ( April 16, 2013, 3:09 PM EDT) -- A former commodities trader was sentenced in Illinois federal court Tuesday to five years in prison on charges that he cost his former clearing firm, the now-bankrupt MF Global Inc., $141 million in 2008 by making large trades on wheat futures contracts knowing he couldn't pay potential losses....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!