Law360, New York (May 07, 2009) -- The trustee liquidating Bernard L. Madoff's investment firm has filed a $500 million suit against financier J. Ezra Merkin, alleging that he knew that Madoff was running a massive Ponzi scheme.
The fraud suit by trustee Irving Picard, filed Thursday in the U.S. Bankruptcy Court for the Southern District of New York, seeks the return of hundreds of millions of dollars...


