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NJ High Court Won't Hear Madoff Funds' KPMG Appeal

By Joshua Alston ( October 21, 2013, 4:26 PM EDT) -- The Supreme Court of New Jersey declined Friday to take up a malpractice suit filed by four feeder funds that were drained by Bernard Madoff's Ponzi scheme due to KPMG LLC's alleged negligence, leaving arbitration as the only option for settling the dispute....

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