David Phelps

Reporter | Professional services
Phone: 612-673-7269
David Phelps covers the business of law, advertising and financial services. He previously led coverage of the Tom Petters fraud investigation and continues to cover its afternmath. Phelps is a former member of the Star Tribune Washington Bureau who has also covered state and local government and politics.

Recent content from David Phelps

Ad landscape may change, but the rules remain the same

Steve Bergerson built a first-of-its-kind practice in advertising and trademark law and survived the industry’s seismic shifts since the late...

Updated: September 13, 2014, - 04:15 PM

Prosecutors want 30-year prison sentence for Bixby ex-CEO Robert Walker

Lawyers for Robert Walker, convicted of defrauding investors, argued for six years.

Updated: September 12, 2014, - 08:53 PM

Plymouth lawyer pleads guilty to fraud in Libyan land deal

Timothy Oliver, the Plymouth lawyer who used the ruse of a land development project in Libya to embezzle $500,000 from...

Updated: September 10, 2014, - 09:24 PM

SEC accuses hedge fund manager of pumping stock, filing false invoices

Investors in Minneapolis’ Archer Advisors’ two hedge funds lost more than $1 million.

Updated: September 09, 2014, - 09:23 PM

Olson 1to1 lands Hyatt loyalty marketing account

Olson 1to1 will work with Hyatt’s programs around the world.

Updated: September 03, 2014, - 11:48 PM

GE Capital and Petters-related fund in legal battle

The Ponzi scheme-related hedge fund is locked in a billion-dollar legal battle.

Updated: August 30, 2014, - 10:29 PM

Mall of America courts North Dakota oil boom workers

The Mall of America is reaching out to lure some well-paid Bakken oil hands, via a new YouTube video, a first in targeting a specific group of consumers.

Updated: August 23, 2014, - 04:59 PM

$62.5 million settlement approved in Wells Fargo securities lending case

$62.5M addresses those who lost money in securities lending.

Updated: August 19, 2014, - 10:00 AM

Financial adviser who scammed retirees given 10-year prison sentence

Victims lost more than $4 million in Mark Holt’s Ponzi scheme; clients’ stolen funds used for personal expenses.

Updated: August 14, 2014, - 11:13 PM

Brisket Channel proves to be ultimate reality TV

The Arby's campaign that filled Duluth TV screens over Memorial Day weekend lives on online and is setting the stage for new ads launched by Minneapolis ad firm Fallon.

Updated: August 13, 2014, - 08:43 PM

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