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Parties Seek Approval of $80M Settlement in Madoff Feeder Fund Suit

NEW YORK - (Mealey's) Investors on Nov. 6 asked a federal judge in New York to preliminarily approve a potential $80.25 million settlement of claims that defendants concealed that the investors' funds were being placed in accounts that were part of Bernard L. Madoff's massive Ponzi scheme...

Parties Seek Approval of $80M Settlement in Madoff Feeder Fund Suit

NEW YORK - (Mealey's) Investors on Nov. 6 asked a federal judge in New York to preliminarily approve a potential $80.25 million settlement of claims that defendants concealed that the investors' funds were being placed in accounts that were part of Bernard L. Madoff's massive Ponzi scheme...

Madoff’s Feeder Funds: What’s Happening with Merkin?

Perhaps no feeder funds to Bernard Madoff are more well known than those run by J. Ezra Merkin. Five years after the fall of Madoff, the actions by Madoff Trustee Irving Picard and his primary counsel, Baker & Hostetler LLP, against Merkin and his entities continue to take up a significant amount...