[2] Upon graduation in 1945, he attended the University of Illinois and enlisted in the Army Air Corps cadet program and reported for active duty in 1945.

[4] Stern has also been long-associated with the Chicago White Sox, where he is a minority owner and serves on the team's board of directors.

Catalfo reportedly profited approximately $1,500,000 but Zimmerman lost nearly $9,000,000, for which his clearing firm, Lee B. Stern & Company, would be held liable.

On July 6, 1994, Catalfo was found guilty of six counts of wire fraud by a Federal jury and sentenced to 42 months in prison.

Stern, the president of LBS Limited Partnership, celebrated his 70th anniversary as a Chicago Board of Trade member on November 8, 2019.