Bernard Madoff Spinoffs

     Kingate Management lost nearly $2.8 billion as a feeder fund for Bernard Madoff’s Ponzi scam, shareholders say in a derivative complaint in New York County Court.

     Also sued in the Kingate case are PricewaterhouseCoopers Bermuda, PricewaterhouseCoopers International Limited, Christopher Wetherhill, John Epps, Graham Cook, and nominal defendant Kingate Global Fund Limited.

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