Legal Opinion

In Re Beacon Associates Litigation

District Court, S.D. New York

Decided October 5, 2010No. 09 Civ. 777(LBS)PublishedCited by 60 opinions

1Opinion of the Court

OPINION & ORDER

SAND, District Judge.

Plaintiffs in these consolidated cases are investors in the Beacon Associates investment fund (“Beacon”), which served as a “feeder fund” to Bernard L. Madoff Securities LLC (“BMIS”). Plaintiffs bring claims against various Defendants associated with the Beacon Fund based on losses ultimately sustained as a result of Madoffs massive Ponzi scheme. All Defendants have moved to dismiss the Second Consolidated Amended Complaint (“SCAC”). For the following reasons, the motions are granted in part, denied in part. 1

I. Background 2

The basic facts surrounding…

2Cases cited102 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
  4. Carnegie-Mellon University v. CohillSupreme Court of the United States · 1988
  5. Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007

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3Cited by60 opinions

  1. Sec. Investor Prot. Corp. v. Bernard L. Madoff Inv. Sec. LLCUnited States Bankruptcy Court, S.D. New York · 2018
  2. Ramos v. Baldor Specialty Foods, Inc.Court of Appeals for the Second Circuit · 2012
  3. In Re Bernard L. Madoff Investment Securities LLCCourt of Appeals for the Second Circuit · 2011
  4. Stichting Pensioenfonds ABP v. Wachovia Corp.District Court, S.D. New York · 2011
  5. Picard Ex Rel. Liquidation of Bernard L. Madoff Investment Securities LLC v. Madoff (In Re Bernard L. Madoff Investment Securities LLC)United States Bankruptcy Court, S.D. New York · 2011

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