Trustee, SEC File New Suits Against Investment Firms, Individuals Tied to Madoff (Law.com via Yahoo! Finance)
More info…
Irving Picard, the court-appointed trustee in charge of liquidating the investment firm of Bernard Madoff, on Monday filed suit against broker-dealer Cohmad Securities to recover what he alleged were decades worth of “ill gotten gains” received as a result of the firm’s “symbiotic relationship” with Madoff.
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