Posted by Reuters: Business News on November 2, 2011
(Reuters) – A federal judge threw out most of a $19.9 billion lawsuit against JPMorgan Chase & Co and a $2 billion case against UBS AG by the trustee seeking money for victims of epic swindler Bernard Madoff’s fraud.
Posted by Reuters: Business News on September 28, 2011
NEW YORK (Reuters) – A federal judge narrowed a $1 billion lawsuit against owners of the New York Mets baseball team by the trustee seeking money for Bernard Madoff’s victims, and cast skepticism on how much might ultimately be recovered.
Posted by Reuters: Business News on August 2, 2011
NEW YORK (Reuters) – Emboldened by a favorable court ruling, JPMorgan Chase & Co and UBS AG urged a federal judge to throw out many claims by the bankruptcy trustee seeking to recover billions of dollars for victims of Bernard Madoff’s Ponzi scheme.
Posted by Reuters: Business News on June 28, 2011
NEW YORK (Reuters) – Investors in “feeder funds” who lost money in Bernard Madoff’s Ponzi scheme do not qualify as customers of the now-imprisoned swindler, a federal bankruptcy judge ruled on Tuesday.
Posted by Reuters: Business News on June 24, 2011
NEW YORK (Reuters) – The trustee seeking money for Bernard Madoff’s victims is now seeking $19 billion from JPMorgan Chase & Co, tripling the amount he hopes to recover from what was once the main bank of the imprisoned Ponzi schemer.
Posted by Reuters: Business News on June 17, 2011
NEW YORK (Reuters) – The trustee seeking money for Bernard Madoff’s victims plans to amend by June 24 his $6.4 billion lawsuit against JPMorgan Chase & Co , once the imprisoned Ponzi schemer’s main bank.
Posted by Reuters: Business News on June 7, 2011
NEW YORK (Reuters) – The trustee seeking money for victims of Bernard Madoff’s fraud won court permission on Tuesday to file a $975.5 million lawsuit against two feeder funds he said contributed to the Ponzi scheme.
Posted by Reuters: Business News on April 13, 2011
NEW YORK (Reuters) – The judge overseeing the liquidation of Bernard Madoff’s investment firm on Tuesday rejected requests by banks to keep secret the names of current and former employees mentioned in lawsuits seeking to recover alleged improper profits tied to the imprisoned Ponzi schemer.
Posted by Reuters: Business News on March 11, 2011
WASHINGTON (Reuters) – The head of the U.S. Securities and Exchange Commission said she wished the SEC’s former top lawyer had removed himself from the agency’s work on the epic Bernard Madoff fraud.
Posted by Reuters: Business News on March 10, 2011
WASHINGTON (Reuters) – New missteps in response to the epic fraud of Bernard Madoff threatened to undermine the Securities and Exchange Commission’s pitch for more money before a trio of…
