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Bernard Madoff news from FierceFinanceIT

News

Hedge funds scrambling ahead of new regs

Much of the hedge fund industry is resigned to more regulation, which we all expect in some form this year. Some are already starting to embrace the kind of IT infrastructure they think they'll need... Read more...

Fiserv slapped with Bernard Madoff suit

Fiserv made the decision a few years ago to focus on being a savvy, technology driven provider of services to financial services firms. Its success was highlighted recently by Fidelity's purchase of... Read more...

Can software save funds of hedge funds?

Lots of funds of hedge funds were burned in the Bernie Madoff scandal, leading some to question their due diligence and vetting process. Alpha notes that funds of funds generally have more resources... Read more...

Madoff scandal to help fund outsourcing trend?

Is the third-party hedge fund administration business about to boom? You might think that the reverberations in the hedge fund industry would dampen the business, but Breakingviews notes the industry... Read more...

Press Releases

Madoff Investors Should Be Wary of Last Minute Asset Protection

LOS ANGELES, July 28 /PRNewswire/ -- Bernard Madoff continues to cause pain and misery for his former investors. A recent announcement by the bankruptcy trustee in the Madoff bankruptcy case advised Read more >>

Free Seminar Highlights Key Issues in Accountant Liability

- LeClairRyan attorneys & peers to discuss new and familiar trends in half-day event in Waltham, Mass.BOSTON, June 9 /PRNewswire/ -- Some of the potential liability challenges faced by Read more >>

CREW Report Reveals Promised SEC Reforms Moving Slowly

SEC Documents Suggest SEC May Not Be Moving Fast Enough to Stop the Next Madoff WASHINGTON--(BUSINESS WIRE)-- A report issued today by Citizens for Responsibility and Ethics in Washington (CREW) Read more >>

Labaton Sucharow LLP Responds To Inquiries Regarding In re Banco Santander Securities-Optimal Litigation

NEW YORK--(BUSINESS WIRE)-- In response to news inquiries about an announced $15.5 billion settlement of claims concerning 720,000 investors outside the U.S. who lost money in Bernard Madoff’s fraud, Read more >>

Securities Lawsuit Filings Drop and Dismissals Surge as Credit Crisis Eases, According to Advisen Report Sponsored by ACE

New credit crisis suits plunge, but financial firms remain in plaintiff attorneys’ crosshairs NEW YORK--(BUSINESS WIRE)-- After dominating securities litigation for three years, new securities Read more >>