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Feeder Fund Investors in Some Countries Excluded From Class

The Litigation Daily

February 28, 2013

After poring over analysis from "high-priced arm chair oracles," Southern District Judge Victor Marrero certified a class of Fairfield Greenwich Group investors whose money disappeared in Bernard Madoff's Ponzi scheme, but excluded investors in 25 countries whose laws he concluded don't support class treatment for the investors' claims.

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