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Lautenbergs Seek to Pursue Madoff Suit, Cite Rakoff Ruling

The charitable foundation of U.S. Senator Frank Lautenberg asked a judge to let it continue a $9 million lawsuit against Bernard Madoff’s brother Peter, saying a ruling in the HSBC Holdings Plc case bars the liquidator of Madoff’s firm from stopping their suit. Read Bloomberg Businessweek report here.

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