Anwar et al v. Fairfield Greenwich Limited et al

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  1. August 30, 2013

    GlobeOp To Pay $10M To Settle Madoff Feeder Fund Suits

    GlobeOp Financial Services LLC will pay $10 million to settle allegations that the hedge fund administrator helped a feeder fund for Bernard Madoff pour a class of institutional investors' money into the notorious Ponzi scheme, according to a filing in New York federal court Thursday.

  2. August 06, 2013

    SEC Won't Let Citco, PwC Depose Officials In Madoff Suit

    The U.S. Securities and Exchange Commission on Monday again refused to allow nine current and former officials who had worked on the investigation into Bernard Madoff's Ponzi scheme to be deposed by Citco Group Ltd. and PriceWaterhouseCoopers LLP in their attempt to clear their names in multidistrict litigation in New York federal court.

  3. June 17, 2013

    2nd Circ. To Review Class Cert. In Madoff Feeder Fund Suit

    The Second Circuit said Friday it will review a judge's decision to certify a class of institutional investors who claim several fund administrators and an auditor helped a feeder fund for Bernard Madoff funnel the investors' money into the notorious Ponzi scheme.

  4. April 04, 2013

    Comcast Ruling Doesn't Doom $80M Madoff Fund Deal

    A New York federal judge ruled Thursday that the U.S. Supreme Court's ruling in Comcast v. Behrend doesn't invalidate an $80 million settlement between Bernard Madoff feeder fund Fairfield Greenwich Group and its investors, saying the recent ruling doesn't address class action settlements.

  5. March 22, 2013

    Madoff Feeder Fund's $80M Class Settlement Approved

    A New York federal judge on Friday approved an $80 million class action settlement between management at feeder fund Fairfield Greenwich Group and its investors, two days after rejecting a bid to block the deal from the bankruptcy trustee of convicted Ponzi schemer Bernard Madoff.

  6. March 08, 2013

    Picard Loses Intervention Bid In Fairfield Investor Row

    Madoff trustee Irving Picard on Friday lost his bid to intervene in a class action by institutional investors accusing Fairfield Greenwich Group and others of funneling investor funds into Bernard Madoff's Ponzi scheme when a New York federal judge ruled he is already opposing their $80 million settlement in a separate motion.

  7. February 25, 2013

    Investors Win Class Cert. In Madoff Feeder Fund Action

    A New York federal judge on Monday certified a class of institutional investors who claim Fairfield Greenwich Group and others funneled investor money into Bernard Madoff's Ponzi scheme, finding the plaintiffs had adequately supported their claims.

  8. November 30, 2012

    Picard Moves To Stop $80M Fairfield Settlement

    Madoff trustee Irving Picard asked a bankruptcy court Thursday to block an $80 million class action settlement between management at feeder fund Fairfield Greenwich Group. and investors, saying that the deal could deplete the money available for other Madoff victims.

  9. November 06, 2012

    Madoff Investors Settle For $80.3M Against Fund Managers

    Fairfield Greenwich Group, a prominent controller of feeder funds to imprisoned Ponzi schemer Bernie Madoff, and others on Tuesday settled their part in a class action for as much as $80.3 million, brought by investors who claim the company and others misrepresented their investments in Madoff's scam.

  10. August 08, 2012

    CORRECTED: Judge Trims Negligence Claims Against PwC

    A New York federal judge on Tuesday trimmed putative class action negligence claims aimed at PricewaterhouseCoopers LLP and other auditors over investments in feeder funds to Bernard Madoff's Ponzi scheme. (A previously published version of this article incorrectly stated that the judge had allowed most of the negligence claims to stand.)