Plaintiffs in the FTX Trading Ltd. multidistrict litigation raised several objections to the disclosure statement in Delaware bankruptcy court, including that the reorganization plan allegedly severely undervalues customer recoveries and that it omits that an independent investigation was recommended into an Am Law 100 firm.
Adam Moskowitz, managing partner at the Moskowitz Law Firm in Coconut Grove, Florida, and David Boies, chairman of Boies Schiller Flexner in New York, represent the MDL plaintiffs, thousands of creditor victims of FTX against the defendant and debtor, FTX and its affiliates.
U.S. Bankruptcy Court for the District of Delaware. (Credit: Google)
