Madoff Victims May Proceed With Suit Against Attorney
Victims of Bernie Madoff’s Ponzi scheme convinced a federal magistrate judge April 11 that their class action against the attorney who represented them belongs in federal court, reports Bloomberg Law.
Investors claimed attorney Helen Chaitman of Chaitman LLP and Becker & Poliakoff LLP improperly represented clients with competing interests while at the two firms.
A magistrate judge found that the case shouldn’t be dismissed, writes Bloomberg’s Perry Cooper.
Read the Bloomberg Law article.