Bernard Madoff Related Claims
In December 2008, Bernard Madoff confessed to the largest securities fraud of all time: an estimated $20 to $30 billion of investors’ money was stolen in a brazen, decades-long Ponzi scheme. The U.S. Attorneys’ Office, the SEC and the SIPC Trustee are investigating the matter.
Rich, Intelisano & Katz, LLP presently represents numerous investors against broker-dealers and third party advisors who recommended that investors purchase shares of feeder funds which invested into Madoff Securities or recommended that investors directly invest with Madoff. The Firm is filing multiple individual and group arbitrations on behalf of investors against such broker-dealers and advisors for failing to do proper due diligence and acting in a grossly negligent manner in recommending Madoff to their clients.