News Releases

2015

Friday, December 04, 2015
Tuesday, October 20, 2015
Madoff Trustee Requests Release of $1.5 Billion from Customer Fund

Supreme Court Decision Permits Request for Court Approval of Sixth Interim Pro Rata Distribution to Bring Aggregate Customer Payout in Global Madoff Liquidation to Approximately $9.13 Billion - Nearly 57 Percent of Losses Will Be Returned to Customers

Friday, July 24, 2015
SIPC Praises MF Global Trustee on Near End of MF Global Inc. Liquidation

Unsecured general creditors can now expect a near full recovery on their allowed claims

Monday, July 13, 2015
SIPC Commends Lehman Trustee on Plans to Distribute Additional $1.9 Billion to Unsecured General Creditors

Distribution Would Bring Total Unsecured General Creditor Payout to $7.8 Billion

Friday, June 19, 2015
Tuesday, March 24, 2015
Madoff Trustee’s Major Settlement with Defender Feeder Fund Shows Importance of "Clawback" Tool in Recovery Process

Work of Trustee Picard Praised in New $93 Million Recovery Agreement Illustrating Importance of Issues Addressed in Petitions Before U.S. Supreme Court

Wednesday, March 18, 2015
SIPC Joins Madoff Trustee in Petitioning U.S. Supreme Court to Overturn Roadblock to Recovery of Fictitious Profits

Securities Investor Protection Corporation Urges Reversal of Decision Impeding Return of Funds Owed to Victims of Madoff Scheme

Monday, February 09, 2015
SIPC: Distributions to Madoff Customers Now Covering 54 Percent of Losses

Madoff Trustee Irving H. Picard Announces Fifth Disbursement of $355.8 Million, Bringing Total to $7.2 Billion for Allowed Claimants