FTN Fights For Docs In Sentinel Trustee's Suit

Law360, New York (June 2, 2011, 2:45 PM EDT) -- FTN Financial Securities Corp. told an Illinois federal court on Wednesday that the bankruptcy trustee for Sentinel Management Group Inc. has refused to turn over documents key to its defense against allegations it bribed Sentinel’s former head trader as part of a securities fraud plot.

FTN Financial said it has repeatedly asked trustee Frederick J. Grede to find and hand over documents held by Sentinel customers who have assigned claims to the trustee, but he has so far made only cursory attempts to comply.

Grede sued...
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