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Money Manager Settles Madoff-Related Case.
- Source :
-
Wall Street Journal - Eastern Edition . 6/25/2012, Vol. 259 Issue 147, pC1-C3. 2p. - Publication Year :
- 2012
-
Abstract
- The article states that U.S. money manager J. Ezra Merkin agreed to pay about $410 million to settle a civil fraud lawsuit brought the attorney general of New York State as of June 25, 2012. According to the article, Merkin was accused of funneling billions of dollars to convicted U.S. Ponzi scheme manipulator Bernard Madoff without the knowledge of investors. The article states that a New York state judge approved the settlement terms.
- Subjects :
- *LEGAL settlement
*PONZI schemes
*ACTIONS & defenses (Law)
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 259
- Issue :
- 147
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 77254317