Two Funds Sued by Madoff Trustee Picard File Claims Against Custodian HSBC

Two Funds Sued by Madoff Trustee Picard File Claims Against Custodian HSBC

May 31, 2011
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Two Funds Sued by Madoff Trustee Picard File Claims Against Custodian HSBC

Alpha Prime Fund Ltd. and Senator Fund SPC, two funds sued along with HSBC Holdings Plc (HSBA) by the trustee liquidating Bernard Madoff ’s firm, filed so-called cross claims against HSBC.

Published May 28, 2011.
Read more: Bloomberg

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