Recent News About John E. Sabo
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A state appeals panel has upheld the dismissal of a $100 million lawsuit in which a suburban investment group accused auditing firm McGladrey of steering its investments into a Ponzi scheme.
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Suburban Chicago capital investment group Ritchie Capital Management is demanding Bloomington, Minn.-based auditing firm McGladrey & Pullen, and related defendants, pay at least $100 million for the firm’s alleged role in helping to steer hundreds of millions of dollars in investments into a massive multi-billion dollar Ponzi scheme with convicted businessman Thomas Petters.
