Categories: Class Action Lawsuit

HSBC Class Action Lawsuit Settlement of Investor Lawsuit Over Bernard Madoff

HSBC has made a settlement to some victims of the Ponzi scheme set up by Bernard Madoff.  Bernard L. Madoff was a  former stock broker investment advisor who screwed over thousands of investors for billions of dollars.  This guy is one of the worse people in the history of the world.  A proposed $62.5 million class action settlement has been reached in a lawsuit against European bank HSBC Holdings.

The lawsuit claims that HSBC knew or should of knew about the Bernard Madoff ponzi scheme.  The lawsuit also states that HSBC breached its duties to the funds and investors.  The HSBC Class Action Lawsuit Settlement of Investor Lawsuit Over Bernard Madoff is under the jurisdiction of the United States District Court for the Southern District of New York.  Check back for more updates.

classaction

Share
Published by
classaction

Recent Posts

www.capitalonetcpaclasssettlement.com – Capital One TCPA Class Settlement

The Capital One TCPA lawsuit revolves around the use of a automatic telephone dialing system…

10 years ago

www.lanebryant.com/careers – Work for Lane Bryant

Lane Bryant is a popular plus size women apparel company and offers jobs at their…

10 years ago

www.protectmyid.com/target – Target Data Breach Issue

Target has provided a free Protect My ID membership in light of the recent data…

10 years ago

www.moneytransfersettlement.com – Money Transfer Class Action Settlement

Many people use Western Union for money transfers and it appears that a significant number…

10 years ago

www.sprintsurchargesettlement.com – Sprint Communications Surcharges Settlement

A class action lawsuit has been filed in the United States District Court for the Middle…

10 years ago

Da Vinci Robot Surgery Class Action Lawsuit

The Da Vinci Surgical System is the focus of the Da Vinci Robot Surgery Class…

10 years ago