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Feeder Fund Sues for Repayment of Millions of Dollars in Redemptions

August 25, 2010 in Alternative Investment Law Report · Leave a Comment 

A feeder fund that entrusted almost all of its investors’ money to convicted fraudster Bernard Madoff Aug. 16 sued 17 of its shareholders seeking repayment of redemptions it processed based on inflated account values (Fairfield Sentry Ltd. v. RBC Dominion Securities, Bankr. S.D.N.Y., 10-13164 (BRL), 8/16/10)…

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