Madoff Ponzi Scheme Case receives $20M approval from California Judge

Shareholder Marvin Gelfand is proud to announce that a California judge gave approval to a $20M settlement related to Bernie Madoff’s Ponzi Scheme. The motion was approved after 8 years of legal action dating back to 2009. Marvin Gelfand partnered up with Milberg LLP and Seeger Weiss LLP  and announced a proposed settlement with the Stanley Chais Defendants and the Chais Related Defendants in late 2016.

Read the full announcement from Law360 here: Madoff Figure’s $20M Deal With Calif., Investors OK¹d – Law360