BMO Dec 2024 90.000 call
| Previous close | 1.2000 |
| Open | 1.8500 |
| Bid | 1.4500 |
| Ask | 1.7000 |
| Strike | 90.00 |
| Expiry date | 2024-12-20 |
| Day's range | 1.8500 - 1.9500 |
| Contract range | N/A |
| Volume | |
| Open interest | 6.27k |
PR NewswireEighth Circuit Court of Appeals Overturns Petters Judgement, in BMO's Favour
BMO Financial Group (TSX: BMO) (NYSE: BMO) announced today that the United States Court of Appeals for the Eighth Circuit reversed a prior jury verdict and instructed the district court to enter judgement in favour of BMO's U.S. subsidiary, BMO Bank National Association. The lawsuit related to a Ponzi scheme carried out by Thomas J. Petters and certain affiliated individuals and entities (collectively, Petters) that operated a deposit account at a predecessor bank, M&I Marshall and Ilsley Bank.
ReutersUS appeals court voids $564 million verdict against Bank of Montreal in Ponzi case
(Reuters) -Bank of Montreal persuaded a U.S. appeals court on Thursday to throw out a $564 million jury verdict against a subsidiary over its role in an approximately $3.65 billion Ponzi scheme run by convicted Minnesota businessman Tom Petters. Citing a similar case involving Bernard Madoff, the 8th U.S. Circuit Court of Appeals said a court-appointed trustee for the now-bankrupt Petters Co could not recover on behalf of its creditors because that firm had helped orchestrate the fraud. The 3-0 decision by the St. Paul, Minnesota-based court overturned a November 2022 jury verdict, and directed that trustee Douglas Kelley's case against BMO be dismissed.
BloombergCanada Jobless Rate Jumps to Highest Since 2017 Outside Covid
(Bloomberg) -- Canada’s unemployment rate jumped by more than expected, raising questions about whether the labor market is loosening at a pace that would justify larger interest rate cuts.Most Read from BloombergWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi FountainMadrid to Ban E-Scooter Rentals, Following Lead S
