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Securities and D&O

Judge Dismisses Control Person Liability Claim In Madoff Feeder Fund Suit

NEW YORK - Dismissal of a control person liability claim against the parent company of Tremont Group Holdings Inc. is proper because investors have failed to plead the company's culpable participation in Tremont's alleged role in Bernard L. Madoff's massive Ponzi scheme, a federal judge in New York ruled Dec. 11 (Meridian Horizon Fund L.P., et al. v. Tremont Group Holdings Inc., No. 09-3708, S.D. N.Y.).

- From LexisNexis® Mealey's™ Daily Legal News.
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Comments

newsheadlines wrote Judge Dismisses Control Person Liability Claim In Madoff Feeder Fund Suit
on 18 May 2013 7:28 PM

NEW YORK - Dismissal of a control person liability claim against the parent company of Tremont Group

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