PE Firm Plaintiff Drops Out Of Madoff Feeder Suit

Law360, New York (October 4, 2011, 7:08 PM EDT) -- A New York federal judge on Tuesday approved the voluntary dismissal of private equity firm AAC Investment Inc. as a named plaintiff in a proposed class action over investments in feeder funds to Bernard Madoff's Ponzi scheme due to serious health issues for the managing family.

AAC Investment, as well as Fundacion Virgilio Barco, will no longer be part of the class action against Greenwich Sentry LP and Greenwich Sentry Partners LP, according to U.S. District Judge Victor Marrero's order. The two named plaintiffs were among...
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Case Information

Case Title

Anwar et al v. Fairfield Greenwich Limited et al


Case Number

1:09-cv-00118

Court

New York Southern

Nature of Suit

Personal Property: Other

Judge

Victor Marrero

Date Filed

January 7, 2009

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