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In a recent court filing, Madoff trustee Irving Picard confirmed that the trustee’s total fees for liquidating the Madoff firm and distributing the over $10 billion in assets recovered to date have now hit the ten-digit mark. via ‘You Know What’s Cool? A Billion Dollars,’ Part II | Compliance Week
The Securities and Exchange Commission lost a bid to make Sam Wyly and his late brother’s estate pay more than the $188 million plus interest ordered by a judge in September for their use of offshore trusts to hide stock holdings and engage in illegal trading. via SEC loses bid to boost judgment against Wylys […]
Get caught up with the Securities Docket News Wire for December 23, 2014.