"MADOFF VICTIMS SUE SEC"

Lax & Neville, LLP will be initiating litigation against the Securities and Exchange Commission (“SEC”) on behalf of Madoff victims seeking monetary damages for negligence under the Federal Tort Claims Act. Based upon the Inspector General’s Report, we believe that a viable claim exists against the SEC. Please see link below.

Inspector General's Report Regarding SEC Investigation of Madoff

Army Corps of Engineers Liable Under FTCA

If you have any questions regarding this matter, please contact our firm at (212) 696-1999.