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Prison exclusive: Madoff, king of thieves – CNN Money
Madoff said that his deception began after the Black Monday crash of 1987, a massive stock market sell-off from which he never truly recovered. He said that’s when he turned his investors into victims, but he insists that his crime was never supposed to go on for so long. “It was certainly never my intention [...]
Rakoff Rejects Bid to Block Merkin/A.G. Settlement
Judge Rakoff denies motion by Madoff trustee to block a $410 million settlement between NY Attorney General Eric Schneiderman and hedge fund manager Ezra Merkin.
‘Sympathetic’ Second Circuit Rules Against Madoff Victims in Suit vs. SEC
Second Circuit becomes second appeals court to rule against Madoff victims seeking to impose liability against the SEC for the agency’s alleged negligence.
Lawyers battle over Madoff-related settlement
Lawyers for NY AG and Madoff trustee square off over $410 million Madoff-related settlement.
Judge certifies Madoff feed fund class action
Court certifies class action by investors in four funds run by Fairfield but excludes investors in 25 countries.
Money to Be Returned to Madoff Investors Tops $5 Billion
Newly-announced distribution will bring the total amount returned to investors past $5 billion.
Ninth Circuit Hands Latest Loss to Madoff Investors Suing SEC
Like district courts before it, Ninth Circuit rejects class action lawsuits against the SEC for Madoff losses.
Schneiderman Challenges Madoff Trustee
Madoff trustee Picard trying to block the NY Attorney’s General’s settlement.
Peter Madoff Is Sentenced to 10 Years for His Role in Fraud
Bernard Madoff’s brother, Peter, sentenced to 10 years in prison for his alleged role in Ponzi scheme.
The Lateral Hire That Led to $300 Million in Fees, and Counting – Compliance Week
On Monday, December 15, 2008, a federal court appointed Irving H. Picard as trustee in the Madoff matter. A week later, Picard jumped to a new law firm, Baker Hostetler. Four years later, Baker Hosteler has been paid over $300 million in fees for its work on the case, and it recently sought an additional [...]