Notice to All Fairfield Greenwich Group Investors Concerning Bernard L. Madoff Scandal
Notice to All Fairfield Greenwich Group Investors Concerning Bernard L. Madoff Scandal


Last update: 8:00 a.m. EST Jan. 28, 2009
CORAL GABLES, FL, Jan 28, 2009 (MARKET WIRE via COMTEX) -- The Securities Law Firm of Tramont Guerra & Nunez, PA (TGN) in association with New York Law Firm Berenthal & Associates, P.C. ("Berenthal") makes an announcement to all Fairfield Greenwich Group (Fairfield Greenwich) investors who are prospective class members of class action lawsuit (Case No. 09 CV 00301) which was filed on January 12, 2009. TGN and Berenthal are currently investigating on behalf of investors, the relationship between Fairfield Greenwich and Madoff to whom client funds were entrusted to be managed. TGN and Berenthal have focused their investigation on the failure of Fairfield Greenwich to perform the required due diligence of Madoff's investment firm.
The Madoff fraud has been characterized as a ponzi scheme and the entity that served as the investment conduit can, under certain circumstances, be held responsible for their failure to adequately review the investment management of the funds placed under Madoff's direction and advice. Brokerage firms are obligated to perform the due diligence function, and investors are entitled to rely upon, brokerage firms for competent, suitable investment advice in accordance with the Financial Industry Regulatory Authority (FINRA) Rules and Regulations. In some cases, investors might be required to "opt-out" as a class member of the class action lawsuit against Madoff, in order to pursue a securities arbitration claim, otherwise this legal option would not be available.
The Securities Law Firm of Tramont Guerra & Nunez, PA, is a nationally recognized, Martindale Hubbell "AV" rated law firm. To request a confidential consultation from an attorney for investment losses incurred from this ponzi scheme, contact us on our website at http://www.stockmarketlosslawyer.com/current-investigations.htm. To speak directly with an attorney, please call.
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