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U.S. Court of Appeals for the 9th Circuit

Dec. 5, 2012

9th Circuit skeptical of investment firm's bid to avoid liability for advice to invest with Madoff

An attorney for a San Francisco investment firm tried to convince an appeals court Monday that arbitrators should not have found his client liable for advising a trust to funnel money to a fund used for Bernard Madoff's ponzi scheme.


By Hadley Robinson


Daily Journal Staff Writer


An attorney for a San Francisco investment firm tried to convince an appeals court panel Monday that arbitrators should not have found his client liable for advising a trust to funnel money to a fund eventually used for Bernard Madoff's ponzi scheme.


Litigator Ben Suter of Keesal, Young & Logan, asked the 9th U.S. Circuit Court of Appeals to vacate the $750,000 award against Stone & Yo...

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