Peregrine Ch. 7 Trustee To Subpoena Auditor, Other Firms

Law360, Chicago (October 31, 2012, 3:06 PM EDT) -- The bankruptcy trustee charged with liquidating Peregrine Financial Group Inc. won court approval Wednesday to subpoena the firm's onetime auditor, as well as two other entities that had "significant business dealings" with the fallen brokerage firm that the trustee wants to investigate.

U.S. Bankruptcy Judge Carol A. Doyle granted Chapter 7 trustee Ira Bodenstein's subpoena bid, which the trustee said he would use to obtain documents and possibly conduct examinations of Halyard Capital Advisors LLC, Out Structure LLC and former Peregrine auditor Jeannie Veraja-Snelling of Veraja-Snelling...
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