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PA company, owner accused of embezzling $5.5 million, emergency restraining order issued

Summary by Ground News
The emergency restraining order was issued on Feb. 5 by the U.S. District Court for the Western District of Pa. The order would protect 229 of 240 retirement accounts with $3 million in assets managed by RiversEdge Advanced Retirement Solutions under the Employee Retirement Income Security Act of 1974 (ERISA) The company is owned by Paul Palguta.

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YOURERIE broke the news in on Wednesday, February 7, 2024.
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