NYC court upholds trustee's calculation of losses
Legal News Center
A federal appeals court agrees with the method a trustee used to calculate how much each investor lost in the multibillion-dollar fraud carried out by Bernard Madoff.
The 2nd U.S. Circuit Court of Appeals said in a written decision Tuesday that investors are only entitled to recover the amount they originally invested with Madoff.
Lawyers for investors had argued that they should be entitled to recover profits as well.
Madoff had told thousands of investors just before his December 2008 arrest that their investments had more than tripled. Madoff claimed the original investment of about $20 billion had grown to more than $60 billion. Prosecutors say it was actually a Ponzi scheme.
Madoff is serving a 150-year sentence after admitting the massive multi-decade fraud.
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Is Now the Time to Really Call a Special Education Lawyer?
IDEA, FAPE, CHILD FIND and IEPs: The Individuals with Disabilities Education Act (IDEA) guarantees all children with disabilities to a free appropriate public education (FAPE). FAPE starts with a school’s responsibility to identify that a child has a disability (Child Find) and create an Individualized Education Program (IEP) to suit the needs of the child.
Forte Law Group is one of only a very few law firms within the state of Connecticut that is dedicated to exclusively representing families and children with special needs.
Parents need to be persistent, dedicated and above all else aware of the many services and accommodations that their child is entitled to under the law. As early as this point within your child’s special education, many parents will often find themselves in the situation asking, “is now the time to really call a special education lawyer?” Here are a few things to consider when asking yourself that question.