• Supreme Court halts investors’ bid to block Madoff trustee lawsuits

    Supreme Court halts investors’ bid to block Madoff trustee lawsuits

    The US Supreme Court on Monday refused to hear a bid by major banks and companies including Koch Industries to prevent a trustee chasing money for victims of imprisoned Ponzi scheme swindler Bernard Madoff from recouping funds that were transferred overseas. The justices left in place a lower court’s ruling that revived dozens of lawsuits …