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Peregrine CEO Sentenced to 50 Years in Prison

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  • Description

    FBN's Adam Shapiro breaks down mid-afternoon market news.

  • Duration 0:57
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And Adam Shapiro and if Fox Business briefing judge sentence fair -- financial group founder Rusty Wallace in north senior to the maximum fifteen years in prison.

For stealing more than 200 million dollars from investors -- in north who was also accused of concealing his staff for twenty years.

Has been ordered to pay more than 215 million dollars in restitution.

Shares of WMS industries are soaring after Scientific Games agreed to buy the slot machine maker for 26 dollars a share in cash.

For one and a half billion much Scientific Games which makes tickets and software for laundering says the deal will beef up its exposure to the booming casino gaming industry.

At 368000.

People filed for first time jobless benefits last week that talked yesterday by 181000.

And the prior week which state -- 330000.

That's the latest on the Fox Business Network giving you the power front.

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