Penson, BDO Seidman Settle Margin Loan Suit For $6.5M

Penson, BDO Seidman Settle Margin Loan Suit For $6.5M

A Texas federal judge said Friday that now-bankrupt securities clearing broker Penson Worldwide Inc. and accounting firm BDO Seidman LLP can pay $6.5 million to settle investor class action allegations that they hid the degree of risk behind Penson's ...read more

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