Peregrine Financial Group: Misappropriating Customer Funds
50,00 $
CASE STUDY. In early July 2012, the United States Commodity Futures Trading Commission (CFTC) filed a federal lawsuit against Peregrine Financial Group In. c(PFG), a futures trading firm, and its founder Russell Wasendorf.
Description
Peregrine Financial Group: Misappropriating Customer Funds: Abstract
Peregrine Financial Group: Misappropriating Customer Funds is a case study by Chijioke Oji, Viola Makin and Amanda Bowen.
In early July 2012, the United States Commodity Futures Trading Commission (CFTC) filed a federal lawsuit against Peregrine Financial Group Inc. (PFG), a futures trading firm, and its founder Russell Wasendorf. The CFTC accused PFG and Wasendorf of fraud, violating customer funds amounting to US$215 million and submitting false financial reports to the National Futures Association (NFA), which operated under the CFTC’s supervision. PFG faced liquidation and Wasendorf, if found guilty, faced a fine or a jail sentence.
Teaching objectives
The purpose of this case is to generate discussion and learning on ethics and corporate governance.
Additional information
You must be logged in to post a review.
Related products
-
Mellencorp Canada: A Request to Evaluate an Immediate Supervisor
8,00 $ – 50,00 $ Select options -
Performance Appraisal at Telespazio: Aligning Strategic Goals to People Development
8,00 $ – 50,00 $ Select options -
Carrie Wagner: Climbing the Corporate Ladder
8,00 $ – 50,00 $ Select options -
The Canadian National Railway Company’s (CN) North American Strategy
8,00 $ – 50,00 $ Select options
Reviews
There are no reviews yet.