Forbes James Koutoulas, the lawyer and futures trader who is representing MF Global customers in bankruptcy court, has a message for JP Morgan Chase Chief Executive Jamie Dimon: explain yourself. Koutoulas says he’s extending an “open invitation” to the head of the country’s biggest bank to meet with him, and... read more →
Dec
15
Dec
02
NY Post A growing group of burned MF Global customers, ranging from hedge-fund traders to farmers, are calling for a boycott of JPMorgan Chase over fears that the bank is angling to get paid out first, before individual MF customers. At the same time, Koutoulas is angling to get JPMorgan... read more →
Dec
02
Fortune My goal is real simple: getting everybody's money back," he says. "And I think we have a very high likelihood of doing just that." In early November, Koutoulas, along with fellow Chicago futures trader, John Roe – son of Tennessee Republican congressman Dr. Phil Roe – founded the Commodity... read more →
Nov
30
Reuters The deal has met with criticism from at least one lawyer representing customers of MF's commodities brokerage. Attorney James Koutoulas said the bank should not be entitled to any lien on property that could end up belonging to customers. Koutoulas on Wednesday voiced concern that his objection has been... read more →
Nov
25
The Wall Street Journal The group, which represents customers who hold more than 7,000 MF Global accounts, is revving up a lobbying effort as Congress prepares to grill regulators on the MF Global bankruptcy and a shortfall of customer funds that could total $1.2 billion, twice what was originally thought.... read more →
Nov
23
Chicago Tribune The coalition grew out of a meeting with James L. Koutoulas, chief executive of commodity trading company Typhon Capital Management of Chicago, shortly after the announcement of MF Global's bankruptcy on Oct. 31. We found each other through social media. We set up a conference call, and before... read more →
Nov
21
Fortune Led by a sense of outrage -- as well as the conviction that if they don't look out for themselves, no one else will -- investors have been pooling information and banding together to defend themselves for weeks. The most prominent group has been the Commodity Customer Coalition, spearheaded... read more →
Nov
18
Forbes On Monday, the Commodity Customer Coalition filed court papers objecting to a lien on MF Global assets secured by J.P. Morgan (NYSE: JPM) in exchange for allowing the bankrupt firm to use around $8 million in cash for another 5 days. J.P. Morgan, who is the largest creditor of... read more →
Nov
17
Futures Magazine James Koutoulas, co-founder of the Commodity Customer Coalition, noted, “Customers finally have a seat at the table. We are grateful to Judge Glenn for the opportunity to present our case directly to the Trustee and effect a faster, more equitable distribution of customer assets.”
Nov
16
The New York Post James Koutoulas, the lawyer for the 7,000 MF clients, known as the Commodity Customer Coalition, criticized the move, saying it will subject clients to months or even years of clawback actions. Koutoulas wants his MF clients to be first in line to be repaid in MF’s... read more →