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Fairfield in talks to settle a Madoff-related suit

Authors :
Pereira, Joseph
Levitz, Jennifer
Source :
The Wall Street Journal Eastern Edition. August 15, 2009, pB6, 1 p.
Publication Year :
2009

Abstract

Fairfield Greenwich Group is in talks with Massachusetts to settle a lawsuit, one of many it has to deal with as a result of being the biggest so-called 'feeder' fund involved with convicted financier Bernard Madoff and his Ponzi scheme. Investors in Massachusetts have lost about $6 billion in Madoff's scheme.

Details

Language :
English
ISSN :
00999660
Database :
Gale General OneFile
Journal :
The Wall Street Journal Eastern Edition
Publication Type :
News
Accession number :
edsgcl.205985367