February 19, 2015
A hedge fund runner who allegedly funneled hundreds of millions into Thomas Petters' $3.5 billion Ponzi scheme urged the Eighth Circuit on Thursday to throw out his $95 million punishment, saying it was wrong that the jury had the option not to be unanimous on his liability.
September 22, 2014
A Minnesota federal judge has ordered a hedge fund owner who allegedly funneled hundreds of millions into Thomas Petters' $3.5 billion Ponzi scheme to disgorge $80.6 million, and denied the owner's motion for a new trial.
September 19, 2014
A Minnesota federal judge on Friday refused to grant a new trial to a fund manager who fed hundreds of millions into Thomas Petters' $3.5 billion Ponzi scheme, rejecting arguments the jury's verdict was inconsistent.
October 08, 2013
A Minnesota federal judge on Tuesday declined cross-bids for judgment in the U.S. Securities and Exchange Commission's action against a hedge fund owner who allegedly funneled hundreds of millions into Thomas Petters' $3.5 billion Ponzi scheme, saying it's up to a jury to sort out the facts.
May 01, 2012
A Minnesota federal judge on Monday granted the U.S Securities and Exchange Commission's request for a receiver to oversee $18 million frozen in its case against a hedge fund owner who allegedly funneled hundreds of millions into Thomas Petters' $3.5 billion Ponzi scheme.
April 08, 2011
A court-appointed liquidator of funds caught up in Thomas J. Petters' $3.5 billion Ponzi scheme objected Thursday to regulators' attempt in Minnesota to halt a $14 million settlement they say benefits one of Petters' sidekicks.
March 24, 2011
The U.S. Securities and Exchange Commission sued the owner of Acorn Capital Group LLC and Stewardship Investment Advisors LLC in Minnesota Thursday to stop a $14 million settlement of claims against a Ponzi schemer he allegedly assisted.