Investors Sue Over Madoff Feeder Fund

Law360, New York (October 28, 2010, 1:03 PM EDT) -- A Maine couple who allegedly lost millions of dollars that embattled hedge fund manager Ezra Merkin funneled to Bernie Madoff's Ponzi scheme has filed suit against another family of hedge fund companies, claiming the companies and their executives breached their fiduciary duties by promoting investments in that feeder fund.

In a suit filed Wednesday in the U.S. District Court for the District of Maine, Daniel and Suzanne Goldenson said Spring Mountain Capital companies and their managers knew or should have known that all the money invested...
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