Trustee's Objection Leads To Peregrine Class Action Stay
By Evan Weinberger ( May 10, 2013, 5:40 PM EDT) -- A federal judge in Chicago on Friday put a hold on class action litigation over Peregrine Financial Group Inc.'s failure after the estate's bankruptcy trustee found potentially "viable claims" against JPMorgan Chase & Co. and U.S. Bank N.A. over the handling of customer funds....
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