(FOX Business) A U.S. appeals court said the trustee liquidating Bernard Madoff’s firm can pursue a $343.1 million clawback lawsuit against Citigroup Inc, a decision that could help the late swindler’s customers recover close to the estimated $17.5 billion they lost in his Ponzi scheme.
Recovery for Bernard Madoff customers bolstered by Citigroup ruling, trustee’s lawyer says
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