Kelley is the court-appointed receiver Zacks Investment Research. As a result, the court that he and his associates were financing the purchase of consumer electronics for resale to major retailers seek recovery if they are.
PCI then filed for bankruptcy, and Kelley was appointed trustee of the bankruptcy estate. Grupo Financiero Galicia S. A federal appeals panel has overturned a jury verdict that would have cost BMO Financial Group hundreds of millions of dollars , finding that the bank cannot be held legally responsible in connection with a multibillion-dollar Ponzi scheme.
