PR Newswire – Irving H. Picard, the Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (“BLMIS”) today announced the filing of complaints under seal in the United States Bankruptcy Court for the Southern District of New York against seven global banking institutions – Citibank, Natixis, Fortis, ABN AMRO, Banco Bilbao Vizcaya Argentaria, Merrill Lynch, and Nomura. More than $1 billion recovery sought…….
Action was also filed to recover $100 million from Sandra L. Manzke (“Manzke”), members of her family, Maxam Capital Management, LLC (“Maxam Capital”) and related Maxam investment funds……..
Previous actions were listed yesterday……..