Tuesday, December 23, 2008

Madoff Investor Sues SEC

Here we go, a first in what will undoubtedly be numerous attempts - a Madoff investor has sued the SEC for negligence, which she claims cause her to lose $2 million dollars with Madoff.

Investor Who Lost Money in Alleged Scheme Seeks Relief From SEC - WSJ.com
A New York woman who lost nearly $2 million investing with Bernard Madoff has filed a claim against the Securities and Exchange Commission alleging the agency was negligent in failing to detect an alleged decades-long fraud.

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