Tag Archives: Judge Marrero

Judge Marrero Certifies Class Action Against Madoff Feeder Fund

Judge Marerro yesterday certified a class against the Fairfield Greenwich feeder funds that invested with Bernard Madoff.  He rejected the argument that individual reliance questions precluded class certification:  “[E]ven assuming Defendants’ claims that certain communications to class members may not have been uniform, they allegedly were uniformly misleading.” The defendants also argued that class certification … Continue Reading

Judge Marrero Dismisses CDO Case as Time-Barred, Concludes that Facts Were Available Long Before Government’s FCIC Report

In a decision yesterday, Judge Marrero concluded that claims by Korea’s Woori Bank against Merrill Lynch over a failed CDO investment were time-barred. Judge Marrero rejected Woori’s argument that it lacked sufficient information to bring suit before the publication of a report from the Financial Crisis Inquiry Commission (“FCIC”):… Continue Reading

Putative Class Amends Complaint Against Quicktrim and Kardashians, Cites Deceptive Tweets

As we have reported on before, a putative class action filed against Quicktrim, LLC and its celebrity spokespeople, the Kardashians of reality television fame, seeks to hold the Kardashians liable for deceptive marketing of the Quicktrim weight loss product. In an amended complaint filed today, the plaintiffs claim that Quicktrim is nothing but a caffeine … Continue Reading
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