2nd Circ. Urged To Resurrect Suit Over SEC Madoff Snafus
The SEC repeatedly fouled up investigations into the fraudster, but a district judge wrongly did not let investors seek compensation from the commission, Patricia M. Graham of Herrick Feinstein LLP, a lawyer for Madoff victims, said at oral arguments in Manhattan.
The SEC has found that investigators missed chances to uncover Madoff's scheme...
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