Pearce & Durick Strikes $5M Deal In Ponzi Investment Suit

By Kali Hays (March 29, 2016, 5:33 PM EDT) -- A group of investors claiming North Dakota's Pearce & Durick led to their losing millions in a vast oil field housing Ponzi scheme on Monday won initial approval of a $5 million settlement deal with the firm and class certification, putting an end to their negligence suit....

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