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Friday, April 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

Bernard Madoff Spinoffs

Two unions - I.B.E.W. Local 43 and Electrical Contractors Welfare Fund, and the Oswego County Laborers' Local 214 Pension Fund - say Beacon Associates and Ivy Asset Management - Bernard Madoff's "feeder funds" - lost a bundle in Madoff's Ponzi scam, in a class action in Manhattan Federal Court.

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