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Fla. Madoff Suits Stayed Pending Action By Trustee

By James Armstrong (May 3, 2010, 2:38 PM EDT) -- A federal bankruptcy judge has stayed putative class actions launched by two Florida residents who fell victim to Bernard Madoff's Ponzi scheme against fellow investors who profited from the scheme before its collapse, saying the trustee in the case is the party responsible for seeking and redistributing the funds....

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