2nd Circ. Backs Madoff Trustee's $19M Clawback Award

By Elliot Weld ( December 19, 2023, 6:10 PM EST) -- A panel of the Second Circuit on Tuesday affirmed a nearly $19 million award for the liquidation trustee of Bernie Madoff's securities firm in the trustee's lawsuit seeking to recover funds from a former Madoff customer, rejecting arguments that a district court improperly allowed expert testimony at trial....

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