Taxation & Estate Planning

IRS To Allow Tax Relief for Madoff Victims
The I.R.S. announced today that victims of Bernie Madoff's ponzi scheme will be entitled to tax refunds if they paid taxes on phantom profits. Madoff investors should have been reporting earnings from their investments with him through the years and thus paid taxes on those earnings...

Madoff Investors Dispute SIPC Trustee's Calculation of Damages
Lawyers for some victims of the Madoff ponzi scheme are arguing that the SIPC Trustee should recalculate investors' losses to increase the investors' recovery, according to the New York Times...

Madoffs UK investors set to sue
UK investors are planning legal action against HSBC, UBS, Barclays and Nicola Horlick?s Bramdean fund over advice received before the Bernard Madoff $50 billion ($£36.8 billion) investment scandal.

Whos Minding the Store Youll Never Believe The Answer!
How did Bernie Madoff, the hands-down all-time winner of the title ?world?s greatest thief,? get away for so many years with bilking so many investors out of so many billions of dollars? Madoff awaits sentencing after pleading guilty to 11 felony counts in a Ponzi scheme by which he swindled investors out of $65 billion...

Hedge fund investors sue over $7.5bn Madoff losses$
Fairfield Greenwich Group, the hedge fund that has potentially lost $7.5 billion it invested with Bernard Madoff, has been sued by some of its own investors alleging negligence.$

Madoff - 30 Years and 4,000 Investors
Is it possible that Madoff has been running a scam since the 70's with over 4,000 investors? It is truly amazing how much of a life these stories take on as they unfold. I may wind up eating these words, but does anyone really believe that Madoff has been defrauding people for 30 plus years?However, Bloomberg says:U...

TouchPlay Lottery
Settles with Two More Investors

Ford Focus
Consumer Class Action Settles for Cash Refunds

Nine Figure Settlement Approved in American Investors Life Insurance Class Action
Nine Figure Settlement Approved in American Investors Life Insurance Class Action

Mutual Fund Losses
alleging financial advisors breached fiduciary duties by not looking out for investors best interests.

Oxford Health Insurance
$50 million refunds offered in overcharged insurance suit.

Energy Price Gouging
Inergy Propane announces refunds to customers as part of lawsuit settlement.