Insights

U.S. Sued Over SEC’s ‘Negligence’ in Madoff’s Fraud

March 18, 2010 – Media Mention
Bloomberg News

This story notes that we sued the SEC on behalf of three clients -- a charity and two individual investors -- who lost money in the Madoff scheme. This was our firm's second round of suits against the commission, the first coming in 2009, and it follows by three months the SEC's motion to dismiss our first two complaints.