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By Susan Abbott Gidel |
September 24, 2012
Studying the stars is as age-old as man. Our "in-house" astrologer looks at PFG's astrological chart to see what might have been warnings.
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By Alanna Byrne |
September 21, 2012
Peregrine Financial Group customers will receive their first payout — totaling roughly $123 million — after a federal bankruptcy judge Thursday approved a distribution plan from trustee Ira Bodenstein.
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By Andrew Harris, Bloomberg |
September 17, 2012
Russell Wasendorf Sr., the indicted founder of Peregrine Financial Group Inc. who tried to kill himself in July, will be freed on bail after he pleads guilty to embezzlement on Sept. 17, a judge said.
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By Alanna Byrne |
September 13, 2012
In a Sept. 9 court filing, the agency asked the court to delay a distribution of funds to Peregrine Financial Group customers until trustee Ira Bodenstein has performed “reasonable due diligence to ensure that the data underlying the distribution are reliable.”
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By Andrew Harris, Bloomberg |
September 12, 2012
Peregrine Financial Group Inc.’s liquidating trustee can consider bulk offers for futures client accounts from other commodities firms, a U.S. bankruptcy judge said.
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By Linda Sandler, Bloomberg |
September 10, 2012
The Peregrine Financial Group Inc. trustee didn’t complete necessary tests before announcing a plan to distribute $123 million to customers of the defunct futures brokerage, the U.S. Commodity Futures Trading Commission said.
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By Alanna Byrne |
September 7, 2012
Nearly two months after the Peregrine Financial Group bankruptcy, Trustee Ira Bodenstein filed a motion Wednesday asking a judge to approve a distribution of funds to some of the defunct broker’s commodity customers.
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By Michael McFarlin |
August 30, 2012
In the wake of customer funds missing at MF Global and apparent misappropriation and fraud at PFGBest, the futures industry has felt a one-two punch to the supposed bulwark surrounding customer funds.
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By Daniel P. Collins |
August 30, 2012
Days after receiving a letter from a former PFG customer complaining about the lack of progress in getting money back to former PFG customers, the PFG trustee asks judge to give raise to PFG general counsel.
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By Daniel P. Collins |
August 20, 2012
CTA Bouchard Capital LLC will be shutting its doors later this week because nearly 80% of the client and proprietary money it was trading, $3.4 million of $4.4 million, is tied up in the PFGBest fraud.
