Dreier Trustee Settles Ponzi Claims For $40M
The proposed settlement would require 360 Networks to pay trustee Sheila M. Gowan $2.9 million and nix its claim against the firm. Meanwhile, another claim against the firm related to Dreier's Ponzi scheme was chopped nearly in half to $45.1 million from $87.5 million.
The deal is the...
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