A court-appointed trustee responsible for retrieving funds for Refco Inc. creditors has sought more than $2 billion in damages from a prominent Chicago law firm, three accounting firms and several investment banks that played a role in Refco’s 2005 initial public offering.
The trustee, Marc S. Kirschner, filed a lawsuit Tuesday against law firm Mayer, Brown, Rowe & Mawe; accounting firms Grant Thornton, Ernst & Young and PricewaterhouseCoopers; and Credit Suisse Securities, Bank of America and Deutsche Bank Securities, the investment banks involved in the $583 million IPO.
