Attorney Helen Chaitman filed a class action suit against SIPC in the 3rd District Court of New Jersey on Wednesday alleging, among other things, SIPC deliberately misrepresented the nature and scope of insurance provided to investors. Plaintiffs bring this action on behalf of themselves and all other Madoff customers who are not entitled to their full SIPC insurance under SIPC’s Net Investment Policy. Click here to read the full brief of the complaint Filed.
Sourced from: Madoff Help News & Assistance
