Third Circuit Court of Appeals Puts The Nail In The Coffin for Madoff Investors

Posted by July 11, 2013 ,

In a precedential opinion, Baer v. U.S., the United States Court of Appeals for the Third Circuit rejected the claims filed by defrauded investors of Bernard Madoff against the Securities and Exchange Commission ("SEC"), holding that the Federal Tort Claims Act shields the SEC from liability for an exercise of discretion, even if it is abused. The ... Read More.

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LoFaro & Reiser Files Internet Fraud Case in Federal Court Against Online Auction Website

Posted by July 9, 2013

On May 13, 2013, partner Glenn R. Reiser filed suit in federal court on behalf of several Fair Lawn, NJ residents who allege to have been defrauded by the online auction website  The case is pending in the United States District Court for the District of New Jersey. Geissenberger v. Bidsauce, et al., United States District Court, Di ... Read More.

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