Penny Stock Fraud

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MF Global fraudulent activites?

I purchased MF Global stock a week before the bankruptcy. After losing most of my money that I had invested in MF, what am I now entitled to now that they reportedly had been doing some sort of fraud? I remember that before announcing bankruptcy, their stock was frozen for 1 day and then it started at a few pennies the next morning. Should I expect to receive some sort of compensation or should I sell?

If you had a customer account, you might have a shot at some compensation.
You are the owner, you bought the stock. You are entitled to nothing, and that is what you are likely to get. Sorry

Penny stock fraud

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