Pharma Investments, Ventures & Law Weekly
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Fairfield Greenwich Group
Fairfield Greenwich Group Vows to Pursue Recovery in Multi-Billion-Dollar Madoff Fraud
January 4th, 2009
Following the news of the arrest and charging of Bernard L. Madoff with federal securities laws violations, Fairfield Greenwich Group (FGG) is trying to determine the extent of potential losses, like numerous other money managers and investors who appear to have been similarly victimized. In consultation with its attorneys, the firm expects to determine the full extent of the damage soon. "We are shocked and appalled by this news," said Jeffrey Tucker, founding partner of Fairfield Greenwich Group. "We have worked with Madoff for nearly 20 years, investing alongside our clients. We had no indication that we and many other firms and private investors were the victims of...
Source: Pharma Investments, Ventures & Law Weekly (2009-01-04)
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