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

Surging Best Buy shares buoy Schulze's foundation

In planned stock sales, the Best Buy founder has sold stock worth $204 million since Labor Day.

Updated: November 16, 2013, - 05:06 PM

Nov. 12: Minnesota egg farmer hatching plans for Super Bowl debut

Touting the slogan “local chicks are better,” the Locally Laid Egg Co. of Wrenshall hopes to win a contest to land its ad in the Super Bowl.

Updated: November 12, 2013, - 10:56 PM

Mackall Crounse & Moore law firm merging with Wisconsin firm

The combined firm will have 107 attorneys and be headquartered in Madison, Wis.

Updated: November 11, 2013, - 09:41 PM

Petters prosecutions end with 2 prison sentences, probation for one local executive

A Minnesota hedge fund executive who hadn’t pocketed any profits got three years’ probation. Two Florida hedge fund managers received...

Updated: November 08, 2013, - 11:24 PM

Petters’ resentencing bid goes to judge

In final arguments, prosecutors focused on Petters’ lies. But his attorney said Petters showed he didn’t know all his options...

Updated: November 05, 2013, - 08:29 PM

Alliance is a resource for overseas legal aid

When clients need legal help in other states or countries, the Legal Netlink Alliance steps in.

Updated: November 02, 2013, - 05:04 PM

Oct. 29: Best Buy enlists star power for holiday ads

SNL veteran Maya Rudolph and Will Arnett from “30 Rock’’ are among actors who will try to counter Amazon.com.

Updated: October 29, 2013, - 05:49 AM

Minneapolis-based Olson gets work under the Golden Arches?

Minneapolis media agency Olson is added to McDonald’s roster, according to PRWeek.

Updated: October 28, 2013, - 08:42 PM

Oct. 24: Tearful Petters pleads for lighter sentence

The man at the center of Minnesota’s biggest business fraud tells judge and a federal prosecutor: “I lied’’ during 2009 trial.

Updated: October 24, 2013, - 04:35 PM

Tom Petters returning to court in hopes of a lighter sentence

The fraud mastermind goes back to federal court this week to argue that he’d have taken a plea deal for 30 years, rather than be sentenced to 50.

Updated: October 20, 2013, - 10:48 PM

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