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Racketeering and Corruption Lawsuit Filed Against Two Former Petters Executives

Wednesday, November 18th, 2009

pr_newswire_grey_logoCHICAGO, Nov. 18 /PRNewswire/ — Ritchie Capital Management, L.L.C., on behalf of itself and as administrative agent for a group of affiliated lenders whose investors include individuals, charities and pension funds (collectively, “Ritchie”), today filed a lawsuit in the U.S. District Court in Chicago alleging violations of the Racketeering Influenced and Corrupt Organizations (RICO) Act and fraud by Mary J. Jeffries, former President and Chief Operating Officer of Petters Group Worldwide, LLC (”PGW”) and former Chief Operating Officer of Petters Company, Inc. (”PCI”), and Camille Chee-Awai, former CEO of Petters Capital, LLC.