Monday, 22 September 2014
Last updated 2 days ago
Dec 14 2008 | 8:46pm ET
Milberg LLP and Seeger Weiss LLP have announced that the two firms have been retained by dozens of individual investors in Madoff Investment Securities.
Collectively, these investors have lost hundreds of millions of dollars--and possibly more than a billion--due to the stunning fraud allegedly perpetrated by Bernard Madoff.
"We are moving quickly and decisively to represent the interests of outraged investors--both individual and institutional--who were persuaded to entrust their money with Madoff Investment Securities and its founder, Bernard Madoff," said Brad Friedman, a partner at Milberg.
"Those taken in by this Ponzi scheme who have turned to us for help include a senior citizens center, corporate executives, banks, hedge funds and a wide variety of others," according to Stephen Weiss, a partner at Seeger Weiss.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.