Judge orders U.S. Bank to pay $18 million to PFG trustee

U.S. District Judge Linda Reade ordered U.S. Bank to pay $18 million to the trustee for Peregrine Financial Group as reimbursement to customers of the bankrupt company, says the CFTC. The money would go to customers who traded on domestic futures exchanges. By the start of this year, 44 percent of funds that disappeared with the… » Read More

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