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A federal appeals court signaled that victims of Bernard Madoff's fraud more than four years ago might be allowed to eventually sue the swindler's family members over their losses, if they're willing to wait longer.The 2nd U.S. Circuit Court of Appeals in New York weighed whether investors, including a charitable foundation for Senator Frank Lautenberg, Democrat of New Jersey, and the town of Fairfield, Connecticut, could pursue claims against Madoff's brother Peter, his son Andrew, and the estate of his late son, Mark.Irving Picard, the trustee liquidating Bernard L. Madoff Investment Securities LLC, has largely been successful in stopping lawsuits that he believes overlap his own and impair his ability to recover money for victims of the Ponzi scheme.But Circuit Judge Pierre Leval suggested more than once during the hour-long argument that it might be permissible to let investors pursue claims against the family members, who were all senior employees of Madoff's firm, once Picard was...
FBN's Adam Shapiro on the lawsuit filed by Irving Picard against members of the Madoff family
FBN's Adam Shapiro on details emerging of plea deal in case against Bernie Madoff .
FBN's Adam Shapiro with the latest developments in the Bernie Madoff case.
FBN’s Adam Shapiro on Trustee Irving Picard’s efforts to freeze assets of family members of Bernard Madoff.
New discoveries in Madoff case leave victims asking how the confessed schemist's sons, who ran the family brokerage, could've missed what dad was up to.
FBN's Connell McShane on General Electric's acquisition of Wellstream.
FBN's Connell McShane on the death of Bernard Madoff's son Mark Madoff .
FBN's Connell McShane on Dell's Acquisition of Compellent Technologies.
Beau Dietl & Associates founder Bo Dietl argues Mark Madoff must have been a little complicit in Bernard Madoff's Ponzi scheme.
FBN's Connell McShane on the discount retailer's efforts to open a store in New York City.
FBN's Connell McShane on the Senate's plans to hold a test vote on the tax compromise.
We talk to one small-business owner whose mission it is to get others to buy American.
Peter Madoff, the brother of Ponzi schemer Bernard Madoff, pleaded guilty Friday to crimes related to the massive fraud but continued to deny any direct knowledge of...
FBN’s Adam Shapiro on Peter Madoff pleading guilty to conspiracy and falsifying records.
Criminal defense attorney Mercedes Colwin on whether Madoff Liquidation Trustee Irving Picard is going too far by trying to recover money from former in-laws.
Jay Berkman pretends to be someone he's not.Since December 2008, he has been blogging as Bernard Madoff . He tweets under the Twitter handle Bernie L. Madoff from th...
FBN’s Charlie Gasparino on recent criticism thrown his way by the convicted Ponzi schemer.
FBN's Chris Cotter on what Bernie Madoff spent with his American Express card.
First on FOX Business: Ruth Madoff breaks her silence over her husband's multi-billion dollar scam.
