Some Foreign Investors Left Behind in Madoff Feeder Fund Class Action

, The Litigation Daily

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A federal judge in Manhattan certified a global class of investors who sank billions into Fairfield Greenwich funds that fed Bernie Madoff's Ponzi scheme. But the judge excluded investors in 25 countries, singling out nations ranging from France, Switzerland, Israel, and China to the tiny islands of Picairn and Tokelau.

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