November 25, 2013
The receiver for WG Trading Co. on Friday urged a New York federal judge to approve a $3.4M settlement with Credit Suisse International and its subsidiary Zephyros Ltd. in a clawback suit over an alleged Ponzi scheme orchestrated by WG executives.
December 13, 2011
The receiver for WG Trading Co. on Tuesday asked a New York federal court to approve a nearly $12 million settlement with a Cooper Industries Inc. trust facing clawback claims over an alleged Ponzi scheme orchestrated by WG executives.
July 08, 2011
The receiver recovering funds for victims of WG Trading Co.'s $7.6 billion Ponzi scheme floated a new $22 million settlement with Continental Assurance Co. on Thursday in New York, after regulators denounced the leniency of an initial deal.
April 19, 2011
3M Co. and other institutional investors that fell victim to WG Trading Co.’s fraud on Monday asked the Second Circuit to stay the lower court's decision to lump all investors together when distributing $792 million in receivership assets.
March 18, 2011
Federal prosecutors on Friday asked a New York judge to quash any attempt by Stephen Walsh, an investor accused of misusing millions of dollars in commodity pool clients' money, to subpoena government witnesses in a pretrial hearing.