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By Andrew Harris |
February 26, 2013
Peregrine Financial Group Inc.’s $20 million corporate headquarters and its 22-acre Cedar Falls, Iowa, site can be put up for sale, a federal judge said.
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By Futures Staff |
February 1, 2013
In a year dominated by crises — both natural and political — squeezing our annual list of largest influencers down to 20 was difficult. One thing this year highlighted was that money and power trump all as we learned that — at least in the banking world — there are...
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By Press Release |
January 31, 2013
Following an independent review of the organization's audits of the now defunct Peregrine Financial Group, the NFA will make changes to its auditing process.
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By Karen Gullo, Bloomberg |
January 31, 2013
Russell Wasendorf Sr., the founder of now-bankrupt commodities firm Peregrine Financial Group Inc., was sentenced to 50 years in prison for what prosecutors said was a theft of more than $215 million from customers.
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By Michael McFarlin |
October 23, 2012
Russell Wasendorf has pleaded guilty to fraud at Peregrine Financial Group and is behind bars. Now, his estate is up for sale to try and recoup some of his theft. The "Des Moines Register" got a look inside his estate.
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By Ginger Szala |
October 1, 2012
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By Steve Zwick |
October 1, 2012
With the recent fraud at PFGBest essentially torpedoing more than a century of trust, is a major overhaul of retail brokering the only solution?
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By Ginger Szala |
September 26, 2012
August volume for CME Group compared to the same period last year was down by 40%. That’s not a statistic that sits well with an industry that has grown, almost non-stop, for a few decades.
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By Daniel P. Collins, Alanna Byrne |
September 21, 2012
As if the Peregrine Financial Group (PFG) fraud story could not get any more peculiar, Russell Wasendorf Jr. and his wife Amber filed a lawsuit against US Bank and one of its employees last Friday, alleging that the bank failed to disclose pertinent information about his father’s finances and misuse...
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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.
