The Securities Arbitration Law Firm of Klayman & Toskes Continues To Investigate Claims Against Underwriters of MF Global Notes As Noteholders May Get As Little As 10% of Investment

The Securities Arbitration Law Firm of Klayman & Toskes, P.A. (“K&T”)(www.nasd-law.com) announced today that it is continuing to investigate claims against underwriters of Notes issued by MF Global (OTC: MFGLQ.PK) including MF Global 6.250% Senior Notes due 2016, MF Global 3.375% Convertible Senior Notes due 2018 and MF Global 1.875% Convertible Senior Notes due 2016. Yesterday, Fitch Ratings said that owners of MF Global’s senior unsecured debt will recover 30 cents to as low as 10 cents on the dollar of their investment, in the company’s bankruptcy. What MF Global noteholders will actually receive from the bankruptcy or how long the bankruptcy process will take to play out remains to be seen. Accordingly, MF Global noteholders should avail themselves of all available remedies in attempting to recover their losses, including filing an individual securities arbitration claim against the underwriter broker-dealer where they purchased MF Global Notes.

K&T has been contacted by investors of MF Global Notes and is continuing its investigation concerning what underwriters of MF Global Notes knew or should have known concerning the financial problems of MF Global, and whether material information concerning MF Global was adequately disclosed in the Notes' prospectuses. It has been reported that in retrospect, prospectuses for certain MF Global bond offerings appear to be misleading. Underwriters of MF Global Notes include Jefferies (NYSE: JEF), BofA Merrill Lynch (NYSE: BAC), BMO Capital Markets (NYSE: BMO), Lebenthal & Co., Commerzbank, Sandler O’Neill + Partners, Natixis and US Bancorp (NYSE: USB).

Underwriters of a securities offering have an obligation to conduct adequate due diligence of the issuer during the underwriting process. Further, underwriters are charged with the duties of ensuring the accuracy of the securities registration statements and prospectuses, and that investors are provided with full and fair disclosure of material information concerning the securities and issuing company. The Securities Act of 1933 subjects underwriters to potential liability for any material misrepresentations or omissions contained in a registration statement or prospectus.

Retail and institutional investors who purchased MF Global Notes can contact K&T to explore their legal rights and options. The attorneys at K&T are dedicated to pursuing claims on behalf of investors who have suffered substantial investment losses. K&T, an experienced, qualified and nationally recognized securities litigation law firm, practices exclusively in the field of securities arbitration and litigation. It continues its representation of investors throughout the world in securities arbitration and litigation matters against major Wall Street brokerage firms.

If you are a purchaser of MF Global Notes, please contact Steven D. Toskes, Esquire or Jahan K. Manasseh, Esquire of Klayman & Toskes, P.A., at 888-997-9956, or visit us on the web at http://www.nasd-law.com