NEW YORK (Reuters) – Hedge fund Liberty Corner Capital Strategies said on Thursday that it is not the target of the criminal investigation of Refco Inc. (RFXCQ.PK: Quote, Profile, Research), and that it is itself suing Refco, as regulators and investors try to assign blame for the broker’s meltdown.
Refco, the largest U.S. independent commodities and future brokerage, filed for Chapter 11 bankruptcy protection on Monday, after its chief executive was charged with fraud and the company’s stock price collapsed.
