Boies, Schiller & Flexner attorneys help negotiate a proposed $55 million settlement with two PricewaterhouseCoopers divisions for victims of Bernard Madoff's Ponzi scheme.
January 07, 2016 at 12:00 AM
1 minute read
The original version of this story was published on Daily Business Review
Two PricewaterhouseCoopers divisions agreed to pay $55 million to victims of Bernard Madoff’s Ponzi scheme who invested through feeder funds.
PwC Canada and PwC Netherlands were the last remaining defendants in a seven-year case brought in part by Fort Lauderdale attorneys from Boies, Schiller & Flexner. The proposed settlement filed Wednesday in New York federal court would bring the plaintiffs’ recovery to at least $235 million.
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