Approximately 11,000 investors who lost money in the Bernard Madoff Ponzi scheme indirectly through feeder funds, investment partnerships, bank commingled funds, family trusts, or other pooled investment accounts may soon see a recovery.
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...
Much has happened in the five years since Bernard Madoff’s Ponzi scheme unraveled and he was arrested. Here are five key Madoff facts as selected by the Financial Fraud Law Blog and the Financial Fraud Law Report :
The trustee overseeing the...