We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Picard Never Met Madoff, Atty Says

Law360 (February 16, 2011, 6:26 PM EST) -- Irving Picard, the trustee liquidating Bernard L. Madoff's investment company, has never directly met the jailed Ponzi schemer, his attorney said Wednesday, sidestepping new questions about whether Picard's team worked with Madoff to recover investors' money.

"The New York Times reports [Wednesday] that Bernard Madoff met directly with the Irving H. Picard, the trustee for the liquidation of Bernard L. Madoff Investment Securities LLC. This is inaccurate,” Picard attorney David J. Sheehan said.

“At no time did any meeting between the two take place and there...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.