Legal Opinion
Matana v. Merkin
District Court, S.D. New York
Decided November 22, 2013No. 13 Civ. 1534(PAE)PublishedCited by 4 opinions
1Opinion of the Court
OPINION & ORDER
PAUL A. ENGELMAYER, District Judge.
Plaintiff Keren Matana (“KM”), an Israeli charity, brings this action against J. Ezra Merkin and Gabriel Capital Corporation (“GCC”) (collectively, “defendants”). KM invested $1.5 million in Ascot Fund Limited (“Ascot Fund”), an off-shore hedge fund managed by Merkin and GCC. Ascot Fund, in turn, invested substantially all of its assets with Bernard Madoff. KM’s investment was wiped out following the revelation that Madoff was operating an epic Ponzi scheme. This Court dismissed KM’s original Complaint, but granted KM narrowly limited leave to…
2Cases cited38 opinions
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- Sarah B. Shields, Individually and as Representative of All Others Similarly Situated v. Citytrust Bancorp, Inc., George F. Taylor and Irwin EngelmanCourt of Appeals for the Second Circuit · 1994
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3Cited by4 opinions
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