Court Dismisses SEC Case Against Alleged Madoff Solicitors
U.S. District Judge Louis Stanton today dismissed fraud claims brought by the SEC against three Cohmad Securities executives accused of helping Bernard Madoff conduct his Ponzi scheme, Reuters reports. As previously discussed here, the SEC had brought claims against Cohmad Chairman Maurice Cohn, COO Marcia Cohn and former VP Robert Jaffe. Read Securities Docket Report here.
