Madoff Staff Had To Submit Old Stock Prices, Jury Hears

Law360, New York (October 23, 2013, 7:45 PM ET) -- A former investment advisory manager at Bernie Madoff’s securities firm often instructed clerical employees to retrieve historical stock prices going as far back as a year without explaining why, a longtime clerical employee from the firm testified Wednesday amid the government’s allegations that Madoff’s top staff created fake trades.

Bernard L. Madoff Investment Securities LLC veteran Annette Bongiorno, who supervised a former clerical employee of the firm, Winifier Jackson, had asked Jackson to use the Bloomberg Terminal to obtain the daily pricings of certain stocks, and...
To view the full article, register now.

Related

Sections

Case Information

Case Title

USA v. O'Hara et al


Case Number

1:10-cr-00228

Court

New York Southern

Nature of Suit

Date Filed

March 17, 2010

Law Firms

Companies