Madoff customers’ recovery tops 75 percent with Merkin settlement

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NEW YORK (Reuters) – The court-appointed trustee liquidating Bernard Madoff’s firm on Wednesday announced a $280 million settlement with one of the swindler’s earliest investors, enabling customers to recoup more than 75 percent of the principal they lost.

from Reuters: Business News https://ift.tt/2JSDlVg http://www.reuters.com

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