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James B. Glucksman, a senior associate at Rattet, Pasternak & Gordon Oliver, and Robert L. Rattet, a partner at the firm, write that the Madoff Securities collapse and similar events can be expected to create an onslaught of litigation against both investors and brokers. In appropriate circumstances, they conclude, this litigation can be effectively defended, and in proper cases equitable settlements negotiated.
January 30, 2009 at 12:00 AM
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