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Corzine Sued for Missing Finds

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    Attorney John Witmeyer on his suit against the former New Jersey Governor and other executives at MF Global.

  • Duration 4:22
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What was CMA not alone in going after courtside -- -- -- is an attorney representing an investment fund.

That lost money -- MF global his firm slapping Corzine and other executives with a multi million dollar lawsuit.

-- is now -- -- Fox Business exclusive thank you for being here -- could tell us specifically and who you represent and what who they consist of.

Well I represent these -- RA CTA -- it's a limited partnership that has in excess of 300 partners.

They're variety of people I have money invested we had 240 million dollars that was out accounts with -- -- -- And I together with North Carolina just filings co counsel leading the recovery of that money we intend to get.

Every penny back and hopefully than some from the people.

-- either way do you have a cellphone on right now do you if you do if you can if you can remove bad as I asked this question.

Who are these people who are these investors -- just take it from -- That's so I'll just move it over here who are these investors are they are they farmers are they investment analysts are they the billionaires are what.

I personally haven't met the various investors all I can say -- their mix of people I think a lot of them are professional people.

Scattered across the country.

I can't say whether farmers are in there or not.

-- I have had people on who are farmers who can afford.

-- to lose 100000 dollars let alone more than that and they have lost or at least for the moment today MF global can't account for their money.

Is -- the same with some of the clients he represents it.

Actually the same and quite frankly it's outrageous you you go watch.

Congressman was talking before.

Former senator Corzine testifying as if he's at the top of this mountain and he doesn't know what's going on underneath.

Go look at the records of the national futures association and see who's the Chief Executive Officer of the futures business.

It's Jon Corzine and who's a director -- the border directors of the future business.

Bradley at a -- So we have them at the top but we also have them in positions where they said they're the ones directly responsible.

-- that futures business sure they have -- other people working with them.

But -- the man in charge.

Now do you have to wait for congress who obviously the congressman is gonna try to prove his case that he believes -- CME over John courtside.

Are you gonna wait for congress to come to that conclusion before you actively pursue your civil suit get it in front of a jury.

While our civil suit has been filed for I guess it's more than two days -- How fast -- moves forward ultimately belongs to the judge who presides over the case we intend to push it as fast as it can go.

And the way to find out the truth I agree completely with the congressman.

You ask questions of witnesses -- you do this cross examination you intensely follow up you get the specifics.

And the unfortunate thing about the congressional processes.

-- only have five minutes and they don't have enough to pursue it.

What do you need what kind of information are you gonna demand from MF global from Jon Corzine and other officials from MF global.

Well I think we're gonna to a mix of people at the top and people at the bottom.

We've tried to identify from the information that came about who with a people who set the policy made the decisions and amounts to the world they had these strong.

Procedures in place to which everyone -- Or responsibility and we track that down through the treasury.

Unit down to the people that they've identified so far involve that a logical people.

And everybody has to remember in a corporation.

Corporation -- make decisions and they don't to wrong it's individual people who had.

Their hands where they could reach and control things individual people like Jon Corzine absolutely.

Are you gonna be work we gotta break but are you gonna be working we of this CME in their loss or will that be completely separate I expect that to be completely separate.

Regulatory organizations generally don't work but privately.

And by the way once again just emphasize.

240 million dollars is how much your clients put in.

Seventy million has been recovered so that leaves an outstanding debt of a 170 billion dollars correct and based on everything the trust these have said.

There's going to be a big chunk left.

And we're gonna get back John what -- to have you on sir thank you for being here appreciate it thank you very --