This is a securities class action on behalf of all persons who purchased or otherwise acquired the common stock of MF Global Ltd. between March 17, 2008 and June 20, 2008 against MF Global and certain of its officers and/or directors for violations of the Securities Exchange Act of 1934.

MF Global, is a broker of exchange-listed futures and its options. The Company provides execution and clearing services for exchange-traded and over-the-counter derivative products, as well as for non-derivative foreign exchange products and securities in the cash market. It provides its clients with access to many of the financial markets worldwide.

During the Class Period, defendants issued materially false and misleading statements regarding the Company’s capital and financial results and concealed the material deterioration in the Company’s business and the insufficiency of its capital, which would necessitate additional offerings of securities and dilution of the ownership interest of MF Global investors. As a result of defendants’ false statements, MF Global stock traded at artificially inflated prices during the Class Period, reaching a high of $14.98 per share in May 2008.