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{ Tag Archives } irving-picard

Madoff trustee plans more lawsuits: report

BANGALORE (Reuters) – Irving Picard, the court-appointed trustee overseeing the liquidation of Bernard Madoff’s investment firm, is preparing to file new lawsuits to recover funds from investors who were also duped by the Ponzi scheme, the Wall Street Journal said.

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Payback formula for Bernard Madoff victims upheld (AP)

AP – A New York bankruptcy judge has rejected a legal challenge by Bernard Madoff’s victims over how they should be compensated.

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