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Customers Blast Peregrine Financial 1.2 Million Fees

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A commodity traders' group yesterday protested more than $1.2 million in fees sought by the trustee liquidating Peregrine Financial Group Inc., Dow Jones Daily Bankruptcy Review reported today. The Commodity Customer Coalition Inc. called on a bankruptcy court judge to rein in the compensation request to help ensure clients and creditors of Peregrine recoup as much money as possible.