Banco Santander and Optimal Investment Services lost $3.1 billion by turning it over to Bernie Madoff, investors say in a class action in Miami Federal Court.
Here are the defendants in the Santander/Optimal class action: Banco Santander S.A., Banco Santander International, Optimal Investment Services S.A., Optimal Multiadvisors Ltd., Optimal Strategic U.S. Equity Ltd., Manuel Echeverria Falla, Anthony L.M. Inderrieden, Brian Wilkinson, HSBC Institutional Trust Services (Ireland) Ltd., HSBC Securities Services (Ireland) Ltd. (S.A. - Sociedad Anónima - is the Spanish-language equivalent of the English-American "Inc.")
Read the Top 8
Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.
Additional Reads
-
Madoff Creditor Loses Bid to Sue UBS Over Feeder Funds February 20, 2018 -
Brazilian Oil Company Beseiged by Shareholders December 26, 2014
-
Swiss Heat on Possible Madoff Cronies Swells December 12, 2014
-
Bernie Madoff Creditor Opens Fire on Big Banks December 12, 2014