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NY Court Rebuffs Investor Who Skipped $410M Madoff Deal

By Stewart Bishop (December 11, 2014, 6:27 PM EST) -- A New York appeals court on Wednesday refused to allow an investor in a Bernard Madoff feeder fund get in on a $410 million settlement of litigation against hedge fund manager J. Ezra Merkin, finding Merkin's receiver had no duty to advise the investor to take the deal....

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