SEC Seeks Dismissal of Madoff Victims Negligence Suit

December 15, 2009 – Media Mention
Bloomberg News

Howard Elisofon, our lead attorney in our suit against the SEC on behalf of two Madoff investors, says the government's motion to dismiss -- and the grounds on which the government relies -- come as no surprise. The government claims immunity and that it had discretion to act as it did in handling the Madoff scheme.