Rye Portfolio Settles $400M Madoff Clawback Suit
By Sindhu Sundar ( February 15, 2012, 9:33 PM EST) -- A New York federal judge on Wednesday signed off on a settlement between Rye Select Broad Market XL Portfolio Ltd. and the Bernard L. Madoff Investment Securities LLC bankruptcy trustee who had sought to recover $400 million in lost Ponzi scheme funds from Rye LP and Rye Portfolio....
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