Topic: J. Ezra Merkin

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  • $405 million Madoff payoff: Judge says victims' advocate 'slept on his rights'

    A federal judge blocked the trustee seeking money for Bernard Madoff's victims from interfering with New York state's $410 million settlement with Ezra Merkin, a Wall Street hedge fund manager accused of steering client money to the swindler. The settlement calls for Merkin to pay $405 million to investors over three years, and $5 million to New York State to cover fees and costs.

  • Bernard Madoff victims to get $405M in settlement

    Bernard Madoff investment scam victims will get  $405 million settlement payout from hedge fund manager J. Ezra Merkin. Additionally, New York state will get $5 million to cover the cost of the settlement for the Bernard Madoff victims.

  • USA