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
Former customers of the massive Madoff Ponzi scheme have now filed their own class action lawsuit seeking to recover $19 billion from JPMorgan Chase & Co. It was claimed in this suit th... Read more
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