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Can someone explain this Bernie Madoff litigation to me?

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chknltl Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-11-09 04:01 PM
Original message
Can someone explain this Bernie Madoff litigation to me?
Edited on Sat Jul-11-09 04:59 PM by chknltl
A friend found this and asked if I knew about it. I did not but I figured perhaps some of you folks might be able to fill me in here. Why is Bernie Madoff suing these folks?

http://dockets.justia.com/docket/court-tnedce/case_no-4:2009cv00048/case_id-53958

Plaintiff: Bernard Madoff
Defendant: Barron's, Dow Jones & Co., Inc., Dow Jones Averages, Dow Jones Industry Groups, Edwin A Finn, Jr., Rupert Murdoch, Leslie Hinton, Robert Thomson, Richard Rescigno, Lauren R Rublin, Phil Roosevelt, David Schutt, Andrew Bary, Michael Santoli, Thomas G Donlan, Jonathan R Laing, Ja;y Palmer, Jack Willoughby, Bill Alpert, Sandra Ward, Jacqueline Doherty, Kopin Tan, Robin G Blumenthal, Lawrence C Strauss, Leslie P Norton, Vito J Racanelli, Gene Epstein, Mark Veverka, Eric J Savitz, Jim Mctague, Tom Sullivan, Anita Peltonen, Christopher C Williams, Dimitra Defotis, Susan Witty, Neil A Martin, Theresa W Carey, Mike Hogan, Suzanne Mcgee, Rhonda Brammer, J.R. Brandstrader, Pauline Yvelys, Teresa Vozzo, Pamela Budz, Mark WauBen, Robert Connolly, Diane Sipprelle, Andy Dick, Adrian DeLucca, Meredith Lewin, Jack Dee, John Tomac, Peter N Miller, Michael T Kokoszka, Randall w Forsyth, Greg Bartalos, John D Kimelman, Edlin, Fleming Meeks, Bob O'Brien, Steven M Sears, Howard J Godfrey, Johanna Bennett, Tiernan Ray, Naureen S Malik, Alexander Eule, Teresa Rivas, David Englander, Avi Sulzman, Teresa K Gill, Nicole YanoLatos, Gary W Holland, Donald E Black, Michael Ahern, Gail Griffin, James H Balmer and Ward S McGuiness
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Tangerine LaBamba Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-11-09 04:08 PM
Response to Original message
1. That link is a search thing -
no specific pleading.

You'll have to read the complaint to find out what's going on. That's where you'll get your answers.

Be sure to check the date of the complaint..............
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ThirdWorldJohn Donating Member (525 posts) Send PM | Profile | Ignore Sat Jul-11-09 04:14 PM
Response to Original message
2. Madoff did talk of suing hedge funds because they should have known he was a hoax
and should not have bought into his Pozi scam - thus lessening his liability for their customer's losses.
Maybe that is it? I dunno.
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