Below is a CNBC guest blog by Ross Intelisano on the two year anniversary of Madoff’s arrest. Madoff Two Years Later – It’ll Never Be the Same by Ross B. Intelisano – Rich & Intelisano, LLP December 11, 2008 started like a typical year-end work day. Then the phone rang…
New York Securities Lawyer Blog
NY Times: Goldman’s $20 Million Consequence
Below is a New York Times piece about the Firm’s $20.6 million arbitration award against Goldman Sachs being upheld by Judge Rakoff in a sternly written opinion. DealBook – A Financial News Service of The New York Times November 30, 2010, 6:16 pm Goldman’s $20 Million Consequence By SUSANNE CRAIG…
AP: Probe leads investors to wonder: Is game rigged?
Below is an AP article regarding insider trading which quotes Ross Intelisano. Probe leads investors to wonder: Is game rigged? By RACHEL BECK, BERNARD CONDON and PALLAVI GOGOI, AP Business Writers Rachel Beck, Bernard Condon And Pallavi Gogoi, Ap Business Writers Wed Nov 24, 4:13 pm ET NEW YORK –…
Procedures for Madoff Clawback Avoidance Actions Approved
On Wednesday, November 10, 2010, Judge Lifland approved an order outlining the procedures for the soon to be filed Madoff clawback lawsuits. Lax & Neville, LLP, along with other law firms, opposed the Trustee’s motion and asked the Court to stay all proceedings until the Second Circuit ruled on the…
The American Lawyer: Judge Rakoff Confirms $20.6 Million Arbitration Award Against Goldman Sachs
Below is a piece by the American Lawyer. Top Story of the day. TOP STORY November 9, 2010 The Am Law Litigation Daily – Did Goldman Make Bad Gamble With Arbitration Award? Arbitration / Commercial Judge Rakoff Confirms $20.6 Million Arbitration Award Against Goldman Sachs Goldman Sachs isn’t known for…
Reuters: Goldman loses bid to toss record Bayou award
Here is a piece from Reuters on the Firm’s recent win against Goldman Sachs. Goldman loses bid to toss record Bayou award 3:46am EST By Jonathan Stempel NEW YORK (Reuters) – A federal judge on Monday rejected Goldman Sachs Group Inc’s bid to throw out a record $20.6 million (12.8…
NY Times: Judge Upholds Award Against Goldman
Below is a piece from the NY Times’ DealBook about Judge Rakoff confirming the $20.6 million arbitration award against Goldman Sachs, the largest arbitration award ever rendered against the firm. DealBook – A Financial News Service of The New York Times November 8, 2010, 11:29 am Judge Upholds Award Against…
NY Times: In Clearing Bayou, Quagmire for Goldman
Below is a piece from the front page of the October 23, 2010 business section of the New York Times regarding the firm’s $20.6 million arbitration award against Goldman Sachs, the largest customer arbitration ever rendered against Goldman. DealBook – A Financial News Service of The New York Times October…
Ross Intelisano Named to 2010 New York Super Lawyers List
New York Super Lawyers, a publication of The New York Times Magazine, has named Ross B. Intelisano as one of New York’s top Securities Litigation attorneys in their 2010 publication. The list of Super Lawyers recognizes lawyers from more than 70 practice areas who have attained a high degree of…
Madoff Trustee To Bring Clawback Actions Against Victims
Today an article appeared in the Wall Street Journal (“WSJ”) indicating that the Trustee for the Bernard L. Madoff Investment Securities liquidation, Irving Picard, intends to sue 1,000 Madoff victims in clawback actions. The clawback actions will be brought through an adversarial proceeding in the Bankruptcy Court before the Honorable…