Justia > News > Cases > New York Southern District Court > New York Southern
District Court > Louis L. Stanton > None > Securities and Exchange Commission v. Madoff et al > Filing 53
| Court | New York Southern District Court |
| Judge | Louis L. Stanton |
| Lawsuit Type | None |
| Filing | 53 |
| Filed | April 14, 2009 |
Document Description
ORDER: My April 10, 2009 Opinion is amended by adding, as a footnote following the last word "lntermediaries ln the final full paragraph on page two: Each such investor may
receive through his intermediary his full share of the proceeds of the BLMIS liquidation. Each direct customer of BLMIS may also receive a supplemental distribution from SIPC reserve
funds for the remainder of his loss up to $500,000 per direct customer ($100,000 per customer for cash claims). The corresponding distribution to the intermediary as a direct customer
is similarly limited in amount, but must be shared among the intermediary's member investors. So ordered. (Signed by Judge Louis L. Stanton on 4/14/2009) (tve)
Link/Embed this Document
| URL | |
| Embed | |
| Download |
|