Wednesday, April 20, 2011

Copy Of Court Decision Dismissing Madoff Victims' Gross Negligence Suit Against SEC

Judge Laura Taylor Swain, United States District Court, Southern District of New York, dismissed a lawsuit brought by two of Madoff's victims, Phyllis Molchatsky and Steven Schneider, against the SEC for gross negligence in the Commission's oversight, investigation and examination of Madoff and his firm.

A copy of the court's dismissal decision is available on Justia here.

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