Ariel Fund

Madoff investors file class action against Cayman-based bank and hedge fund

April 7, 2009

A Bernard Madoff related class action lawsuit has been filed in the United States against an offshore hedge fund and bank in the Cayman Islands and other parties. The complaint was filed at the U. S. District Court for the

New York University sues Cayman fund and service providers over Madoff fraud

February 13, 2009

New York University is suing a hedge fund, its auditor, its registrar and a bank - all based in the Cayman Islands - in an attempt to recover damages of at least $24 million that it claims to have lost

Madoff client-list reveals dozens of offshore entities

February 5, 2009

Dozens of offshore hedge funds, asset managers, IBCs and their representatives, including those in the Bahamas, Bermuda, the British Virgin Islands and the Cayman Islands, are among customers of accused fraudster Bernard Madoff, according to a client list released yesterday.The