| Diane Nygaard's national practice specializes in Securities Litigation and
Arbitration, Securities Class Actions, Investor Litigation, Investor Arbitration, Annuity
and Insurance Litigation, Consumer Protection, and Class Actions. |
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| Diane Nygaard has extensive experience representing investors in litigation, including
several class actions against insurance companies, arising from racially discriminatory
pricing of life insurance, misleading sales presentations of annuities and other life
insurance products. |
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 Throughout this litigation, the Court has found that
Lead Plaintiff’s Counsel have zealously rendered legal services in a professional and
skillful manner.  Judge
David Bruns
District Court of Shawnee County, Kansas
In Re Kinder Morgan, Inc. Shareholders Litigation |
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MF Global Losses Attorney Diane Nygaard | MF Global Lawyer / Missing Money Scandal
As an MF Global losses attorney, Diane Nygaard is well aware of recent news regarding bankruptcy, fraud and investor losses. The SIPC (Securities Investor Protection Corporation) has advised clients to gather documentation which will help verify their claims against the now defunct broker, such as account statements, canceled checks and trade confirmations. MF Global lawyers understand the seriousness of this situation, and the impact of the financial losses to thousands of clients. She also wants those clients who have suffered financial losses with MF Global to know that it may be possible to recover all or a portion of your money.
In the days prior to its October bankruptcy, MF Global Holdings Ltd. used approximately $700 million in customer funds, according to CME, to meet liquidity issues. In total, $1.2 billion of clients' money went missing; the firm's former chairman, Jon Corzine, stated to a congressional panel that he does not know what happened to the money. To securities fraud attorneys, this all sounds very deceiving. One thing is for certain; the MF Global losses that clients have suffered are devastating in some cases.
It has been admitted by an unnamed executive at MF Global that in order to guarantee trades in light of MF Global’s exposure to European sovereign debt, client money was used when business partners desired more collateral to ensure these trades.
Terrence Duffy, executive chairman of CME Group, said that a $175 million made to MF Global's U.K. subsidiary was made with customer funds. MF Global attorney Diane Nygaard is an experienced securities arbitration specialist who knows all too well how brokerage firms often take advantage of their clients, causing those clients substantial loss when they are supposed to be helping the client increase their wealth and prepare for the future.
Bankruptcy trustees, the SEC, Justice Department and Commodity Futures Trading Commission were performing reviews to determine whether fraud had possibly been committed just weeks ago; it is apparent that something has gone awry, and that investors may ultimately pay for it in MF Global losses. MF Global attorneys warn customers that claims must be filed promptly to avoid delay and possibly limited payment. If you are a client who has suffered financial loss, you should file a claim at once; the procedure is complex which is why it is critical to secure legal representation.
Diane Nygaard invites those who have sustained MF Global losses to contact her securities law firm at once for exceptional legal representation and guidance in recovering the money you have invested.
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