May 16, 2012
A California federal judge on Wednesday approved most of a $1.4 million settlement between auditing firm Rothstein Kass & Co. PC and a class of investors over hedge fund investments in Ponzi schemes run by Thomas J. Petters and Bernie Madoff.
December 19, 2011
Auditing firm McGladrey & Pullen LLP reached a settlement on Monday with investors in a proposed class action targeting hedge funds that invested customer funds in Ponzi schemes run by Thomas J. Petters and Bernie Madoff.
October 07, 2011
A California federal judge on Friday dismissed accounting firm Ernst & Young LLC from a proposed class action targeting hedge funds that invested customer funds in Ponzi schemes run by Thomas J. Petters and Bernard L. Madoff.
June 16, 2011
A California federal judge on Thursday declined to dismiss three accounting firms from a proposed class action targeting hedge funds that invested customer funds in Ponzi schemes run by Thomas J. Petters and Bernard L. Madoff.
April 07, 2011
A group of hedge funds on Thursday sought to transfer a proposed class action in California stemming from losses the funds incurred because of Ponzi schemes run by Thomas J. Petters and Bernard Madoff to Delaware and Florida state courts.