Peregrine Files For Ch. 7 As Fraud Scandal Unfolds
By Max Stendahl ( July 11, 2012, 11:56 AM EDT) -- Reeling Chicago futures broker Peregrine Financial Group Inc. filed for bankruptcy protection in Illinois late Tuesday in the wake of a U.S. Commodity Futures Trading Commission fraud suit alleging the firm misappropriated more than $200 million in customer funds....
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