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2nd Circ. Won't Revive Feeder Fund Suit Over Madoff Losses

By Stewart Bishop ( July 16, 2013, 5:38 PM EDT) -- The Second Circuit on Tuesday upheld the dismissal of a class action against an investment firm that forwarded assets to feeder funds of Bernard L. Madoff Securities LLC, finding the suit failed to identify any material misrepresentation or omission by the firm that would constitute fraud....

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