July 24, 2014
A Maine federal jury on Wednesday cleared former Merrill Lynch & Co. Inc. Vice Chairman John Steffens and his hedge fund Spring Mountain Capital LP from a Maine couple's suit seeking to recover the up to $4.8 million they had lost in Bernie Madoff's more than $17 billion Ponzi scheme.
January 14, 2013
A Maine federal judge on Monday affirmed a magistrate judge's refusal to allow two investors access to correspondence between Spring Mountain Capital LP and the investment firm's counsel Simpson Thacher & Bartlett LLP in an ongoing civil suit over money lost through Bernard L. Madoff's $20 billion Ponzi scheme.
June 01, 2012
A pair of investors will not be granted access to correspondence between Spring Mountain Capital LP and their legal counsel Simpson Thacher & Bartlett LLP, a Maine federal judge ruled Friday, as they look to pursue an ongoing civil suit with the investment firm over money lost through Bernard L. Madoff's $20 billion Ponzi scheme.