Judge Nixes Broad Discovery Bid In Madoff Feeder MDL

Law360, New York (September 8, 2011, 5:40 PM EDT) -- A federal judge on Thursday refused to force HSBC Holdings PLC, JPMorgan Chase & Co. and a host of other defendants to turn over documents requested in a multibillion-dollar suit brought by a putative class of investors in foreign funds that fed Bernard L. Madoff's doomed Ponzi scheme.

One day after another judge rejected a $62.5 million proposed settlement between HSBC and the investors, U.S. Magistrate Judge Henry Pitman dealt another blow to the plaintiffs, nixing their broad discovery request.

The plaintiffs were seeking documents detailing...
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