Judge Chops Suit Alleging Meridian Ran Madoff Feeder Funds

Law360, New York (January 8, 2013, 9:17 PM EST) -- A New York federal judge on Monday tossed more than half of the claims lodged at Meridian Diversified Fund Management LLC and its units in a putative class action alleging that its hedge funds served as feeder funds for Bernard L. Madoff.

Of 16 claims brought against Meridian over a fund that invested with Madoff's notorious feeder fund Tremont XL Offshore Fund, Judge Thomas P. Griesa freed two Meridian subsidiaries from all allegations and tossed out all but five claims facing Meridian and its individual defendants....
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