October 28, 2011
A pair of investors in Bernard Madoff's Ponzi scheme asked a New York federal judge on Friday to revive their $2.4 million suit against the U.S. Securities and Exchange Commission, arguing the agency's admitted destruction of files related to its Madoff investigation spoils its immunity claim.
April 19, 2011
The U.S. Securities and Exchange Commission has immunity against claims brought by investors in Bernard Madoff's Ponzi scheme who blame the agency's incompetence for their losses, a New York federal judge said Tuesday.