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Newsweek - December 21st, 2010

“A Fairness Fight”, Newsweek, Ben Adler, December 21st, 2010.

HR6531 Legislation

Garrett proposes HR6531 to amend SIPA, including Net Equity Based on Last Statement. Click here for more on this new [...]

NIAP Press Release - 12/20/2010

NIAP PRESIDENT RON STEIN STATEMENT WELCOMING LEGISLATION TO PROTECT INVESTORS DEFRAUDED BY BERNIE MADOFF

“I welcome Representative Scott Garrett’s introduction of the Equitable Treatment of Investors Act, which will protect victims that have been defrauded by Bernie Madoff’s Ponzi scheme in the face of the Securities Investment Protection Corporation’s failure to do so.”

“Customers of registered brokers

NIAP Press Release - 12/8/10

FOR IMMEDIATE RELEASE
December 8, 2010

NIAP QUESTIONS TRUSTEE ON SUING INNOCENT INVESTORS

The Network for Investor Action and Protection today asked the Securities Investor Protection Corporation (SIPC) and the Trustee overseeing the Madoff Ponzi liquidation to explain why innocent investors are being targeted with clawback actions despite a series of lawsuits against guilty parties that should make innocent investor clawbacks unnecessary.

Bloomberg Business Week - December 8, 2010

“Madoff Investor Group Questions ‘Net Winner’ Suits”, Bloomberg Business Week, Bob Van Voris, December 8, 2010.

NIAP UPDATE: CLAW BACK ACTIONS -

COMMENCEMENT, EXPECTATIONS AND PROTECTION

We have asked two top attorneys – David Bernfeld (Bernfeld, DeMatteo & Bernfeld) and Barry Lax (Lax & Neville) — for their suggestions on how people might respond regarding the claw back actions the Trustee is commencing. We realize this can be a very trying period. Please keep in mind that these claw back complaints are the Trustee’s allegations, and you will have rights to defend yourself. As David Bernfeld indicated in the prior posting [click here], [...]

Madoff trustee sues JPMorgan for $6.4 billion

The court-appointed trustee for the liquidation of Bernard Madoff’s estate is suing JPMorgan Chase for $6.4 billion for allegedly aiding the most massive Ponzi scheme in history. Read CNN report here.

www.madoff-help.com in collaboration with NIAP – Network for Investor Action & Protection is forging ahead with a legislative agenda to address SIPA and IRC relief for fraud victims. Click here to Donate now.
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 Sourced from: Madoff Help News & Assistance