April 29, 2014
A group of pension and retirement funds has agreed to settle a lawsuit accusing KeyCorp and other investment companies of negligently feeding money into Bernie Madoff's Ponzi scheme for $6.85 million, according to documents filed Monday in New York federal court.
April 17, 2013
A New York federal judge on Tuesday declined to revive claims from a pair of consolidated securities and Employee Retirement Income Security Act class actions brought by a group of pension funds accusing two investment companies of negligently feeding money into Bernie Madoff's Ponzi scheme.