The owners of the New York Mets baseball team has agreed to pay $162 million in order to settle a lawsuit by the trustee seeking money for the victims of Bernard Madoff’s fraud. The settleme... Read more
U.S. securities regulators have said that Defendants can no longer settle civil cases using “neither admit nor deny” language if they have already admitted to wrongdoing in parallel criminal... Read more
Ernst & Young LLP has been sued for $900 million by the liquidators of a fund that once funneled money to the now-imprisoned crook Bernard Madoff. The lawsuit, filed on behalf of M-Inve... Read more
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