A JUDGE has ordered U.S. Bank to pay Peregrine Trustee $18 million. At the time of its bankruptcy in July 2012, Peregrine Financial Group was the nation's second-largest non-bank, non-clearing futures commission merchant.
U.S. Bank maintains branch offices in Cedar Falls, Iowa, where Peregrine and owner Russell Wasendorf Sr. were located. U.S. Bank was a depository for Peregrine and held a customer seg
All access premium subscription
This content requires a subscription to Feedstuffs in order to access. If you are a paid subscriber, use your email and password to Log In now.
Current Feedstuffs Subscribers: Online and mobile access are now included at no charge to you. To read this article, use your subscriber email and password to log-in to your account (or contact us for assistance in updating your account.)
Not Currently a Subscriber: Subscribe NOW to Feedstuffs and receive our print and/or digital publications, enewsletters and premium online content. Visit Feedstuffs.com and click on Subscribe at the top of the page for more information.
SUBSCRIBE NOW https://circulation.feedstuffs.com/Publications.aspx
TO RENEW YOUR SUBSCRIPTION https://circulation.feedstuffs.com/SubscriptionOffers.aspx