In re Beacon Associates Litigation
District Court, S.D. New York
1Opinion of the Court
*321 MEMORANDUM & ORDER
SAND, District Judge.
Plaintiffs in these consolidated cases are investors in the Beacon Associates LLC I and II investment funds (collectively, the “Beacon Fund” or “Fund”) who lost money when the Fund invested its assets with Bernard Madoff (“Madoff’) and his firm, Bernard L. Madoff Securities LLC (“BLMIS”). Plaintiff bring claims under §§ 10(b) and 20(a) of the Exchange Act of 1934 (“Exchange Act”), 15 U.S.C. §§ 78j(b), 78(t)(a), the Investment Advisers Act of 1940 (“IAA”), 15 U.S.C. § 80b-15, and the Employee Retirement Income Security Act (“ERISA”), 29 U.S.C. § 1001 et…
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- Massachusetts Mutual Life Insurance v. RussellSupreme Court of the United States · 1985
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