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Fla. General Partners Denied Madoff Loss Coverage

By Andrew Scurria ( February 25, 2015, 2:41 PM EST) -- The judge overseeing the liquidation of Bernard Madoff's defunct firm denied 158 partners in Florida-based feeder funds access to cash set aside for Ponzi scheme losses, finding their indirect investments in the fraud insufficient to qualify them as coverage-eligible "customers."...

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