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Picard Fights To Keep Suit Against Madoff Sons In Play

By Richard Vanderford ( November 22, 2011, 3:09 PM EST) -- Lawyers for Bernard L. Madoff trustee Irving Picard told a New York federal judge on Tuesday that a $198 million bankruptcy court suit accusing Madoff's sons of ignoring the Ponzi scheme at Bernard L. Madoff Investment Securities should be allowed to go forward....

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