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Browse: Home / 2011 / May / 04 / Judge Refuses to Dismiss Madoff Feeder Fund Suit Against Banco Santander

Judge Refuses to Dismiss Madoff Feeder Fund Suit Against Banco Santander

By Securities Docket on May 4, 2011, 5:05 pm

Investors may have had mixed success to date in lawsuits against so-called feeder funds that turned over their money to Bernard Madoff, but plaintiffs who lost a fortune to Madoff’s Ponzi scheme aren’t giving up anytime soon. On Monday, plaintiffs lawyers at Labaton Sucharow representing a purported class of investors in a feeder fund affiliated with Banco Santander scored a victory when they were allowed to move ahead with their claims against the Spanish bank.

Read more: Judge Refuses to Dismiss Madoff Feeder Fund Suit Against Banco Santander — AmLaw Litig. Daily

Posted in Industry, Top | Tagged Feeder funds

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