User Comment by Tom on Madoff Victims







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Tom's Comment on
Madoff Victims

Re: Insurance Cos


User Comment

Main thread--Madoff Victims

From: Tom
State: MN
Posted: 04/19/2009
Subject: Insurance Cos
Comment:
Chubb has taken the position that what was stolen was cash, not securities, and is limiting recovery to $1,000 or $1,500 per year. I am looking into a class action suit against them on this issue. If anyone is interested please let me know.

Also, has anyone heard from Picard, etal since their claim was filed?


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