Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Suits Barred Against Peregrine’s Wasendorf, Receiver Says

Aug. 2 (Bloomberg) -- Class-action lawsuits against Peregrine Financial Group Inc.’s Russell Wasendorf Sr. cannot proceed because they were stopped by a judge’s order appointing a receiver to assemble the assets of the brokerage’s founder, the receiver said in a federal court filing in Chicago. Three proposed class-action suits are seeking damages from Wasendorf and other Peregrine officers.

Link to Company News:{353541Z US <Equity> CN <GO>}

To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net

To contact the editor responsible for this story: Charles Carter at ccarter12@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.