A judge for the US District Court for the Southern District of New York on Tuesday denied a court-appointed bankruptcy trustee from seeking damages from banks and third parties for the victims of Bernard Madoff's...
Search Results for: Bernard Madoff
READ MORE ▸
Judge Burton Lifland of the US Bankruptcy Court for the Southern District of New York approved the first settlement payments to victims of the $65 billion Bernard Madoff Ponzi scheme, sending payments of approximately...
Madoff payroll manager pleads guilty to involvement in Ponzi fraud
Eric Lipkin, payroll manager for Bernard L Madoff Investment Securities LLC, pleaded guilty on Monday to six criminal counts in the US District Court for the Southern District of New York related...
Bankruptcy judge approves $7.2 billion settlement with Madoff client
A US bankruptcy judge approved a historic settlement on Thursday with the estate of Jeffry Picower, a friend and investor of fraudulent financier Bernard Madoff . As part of the approved settlement, Picower's widow, Barbara, has agreed...
Madoff trustee files nearly 60 lawsuits to recover money for victims
Irving Picard, the trustee charged with recovering money for the victims of the Bernard Madoff scandal, has filed close to 60 lawsuits in the past three weeks attempting to recover more than $40 billion from numerous...
JURIST Guest Columnist Carl Tobias of the University of Richmond School of Law says that in order for the US Court of Appeals for the Second Circuit to function properly, the Senate must confirm Judge Denny Chin as soon as...
ACLU weighing program cuts as largest anonymous donor reduces contribution
The American Civil Liberties Union (ACLU) announced Wednesday that its largest anonymous donor will be sharply cutting donations next year in light of the current economic crisis. The ACLU released a statement...
FBI charges 14 more in Galleon Group insider trading scandal
Federal authorities have filed charges against 14 people in connection with insider trading at the hedge fund company Galleon Group , weeks after the arrest of the company's founder. An investigation by the FBI...
The US House of Representatives Financial Services Committee on Wednesday voted 41-28 for passage of the Investor Protection Act . Among the regulations included in the bill are an enhancement...
Former outside accountant for Bernard Madoff , David Friehling , pleaded guilty Tuesday to fraud charges in the US District Court for the Southern District of New York [official...
