Jan 4, 2010
Fairfield Greenwich Defendants Move to Dismiss Investors’ Billion-Dollar Madoff Suit
In April, a trio of plaintiffs firms filed an amended complaint in Manhattan federal district court accusing Fairfield Greenwich and its co-founders of committing fraud by passing along $7 billion of their investors’ money to Bernard Madoff. Two days before Christmas, the defendants answered the allegations with two motions to dismiss the plaintiffs’ complaint.