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Ally appoints Russell Hutchinson as CFO

Ally Financial Inc. (NYSE:ALLY) today announced Russell (Russ) Hutchinson will join the company as its chief financial officer.

Ally has entered into a definitive agreement to acquire Fair Square Financial (“FSF”) for $750 million in an all-cash transaction.

Retail traders have dismissed several brokers, including tastyworks, from the antitrust tranche of the “short squeeze” lawsuit.