2nd Circ. Won't Revive Madoff 'Feeder Fund' Class Action

By Jack Newsham ( August 17, 2018, 4:22 PM EDT) -- A three-judge panel of the Second Circuit rejected an effort by investors in two so-called feeder funds that were linked to Bernie Madoff's fraudulent investment scheme to revive their class action against the funds' managers, auditors, consultant and administrator, ruling Friday that a lower judge was right to dismiss the case. . . .

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