New York Life Escapes $27M Suit Over Ties To Madoff Fund

New York Life Escapes $27M Suit Over Ties To Madoff Fund

A New York federal judge on Thursday threw out engine maker Cummins Inc.’s suit alleging New York Life Insurance Co. encouraged it to invest in a feeder fund for Bernie Madoff’s epic Ponzi scheme, leading to about $27 million in losses. ...read more

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