Standard Chartered Faces Assault Over Madoff Losses

Law360, New York (June 17, 2011, 4:25 PM EDT) -- Standard Chartered Bank International (Americas) Ltd. was hit Friday with 12 new suits in Florida from investors alleging the advisory firm lost them more than $5 million by pushing investments in Fairfield Sentry Ltd., a Bernard Madoff feeder fund.

Blount International SA, Richmond Co. Ltd., Smerant Corp. and nine others filed the nearly identical suits, seeking to recover losses they suffered thanks to Standard Chartered's advice that they invest in the Fairfield hedge fund, which in turn invested in a $65 billion Ponzi scheme run through...
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Case Title

Blount International, S.A. v. Standard Chartered Bank International (Americas) Limited et al


Case Number

1:11-cv-22180

Court

Florida Southern

Nature of Suit

Contract: Other

Judge

Paul C. Huck

Date Filed

June 16, 2011


Case Title

Smerant Corp. v. Standard Chartered Bank International (Americas) Limited et al


Case Number

1:11-cv-22198

Court

Florida Southern

Nature of Suit

Contract: Other

Judge

Marcia G. Cooke

Date Filed

June 17, 2011


Case Title

Richmond Company Ltd. v. Standard Chartered Bank International (Americas) Limited et al


Case Number

1:11-cv-22193

Court

Florida Southern

Nature of Suit

Contract: Other

Judge

K. Michael Moore

Date Filed

June 17, 2011

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