Mets Debt Hit by Moody’s Over Madoff Suit
Already reeling from a lawsuit from the Madoff trustee seeking to recover as much as $1 billion, the New York Mets have now been hit on Friday with a downgrade by Moody’s Investors Service on the team’s stadium debt.
Judge Approves $7.2 Billion Settlement in Madoff Fraud
A historic $7.2 billion deal was approved Thursday to settle a lawsuit brought against the estate of one of the oldest and wealthiest clients of disgraced financier Bernard Madoff.
Madoff Trustee's Lawsuit Against JP Morgan ‘Appropriate and Overdue,' Says NIAP President
Ron Stein says efforts to recover funds should be focused on the guilty parties.
Trustee for Madoff’s Victims Files 40 Lawsuits
The trustee seeking to recover money for victims of convicted money manager Bernard Madoff said he filed 40 lawsuits on Friday.
Clients of Brokerage Involved in Fraud Case To Rec
Feb. 28, 2003 -- Lord Abbett money manager Stephen McGruder will retire at the end of September, stepping down as WASHINGTON (HedgeWorld.com)--Liquidation claim forms will...