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By Andrew Harris, Bloomberg |
March 20, 2013
Peregrine Financial Group Inc.’s Chapter 7 trustee won court approval to create three classes of firm commodity customers, a ruling that he said may lead to full repayment for one class of account holders.
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By Alanna Byrne |
January 2, 2013
Ira Bodenstein says he needs until March 15 to sell the brokerage’s assets and consolidate its business operations
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By Alanna Byrne |
October 11, 2012
A group of Peregrine Financial Group (PFG) forex and metals account holders are asking a judge to order Trustee Ira Bodenstein to return these accounts to customers, arguing that they should not be considered assets of the estate.
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By Daniel P. Collins |
October 11, 2012
Futures has learned that a preliminary agreement has been reached between Vision Financial and the trustee for Peregrine Financial Group that would transfer all PFG accounts to Vision.
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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 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 and Tom Witosky |
September 17, 2012
Russell Wasendorf Sr., founder of the bankrupt commodities firm Peregrine Financial Group Inc., pleaded guilty to stealing more than $100 million from its customers.
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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 News Story |
September 12, 2012
The National Futures Association has said it will return a $700,000 fine against Peregrine Financial Group that was levied in February.
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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.
