"SEATTLE, Dec 12, 2008 (BUSINESS WIRE) -- Hagens Berman Sobol Shapiro (HBSS) announced it is investigating the investments and perpetrators of the Bernard Madoff Ponzi scheme on behalf of investors. HBSS is investigating the potential for a lawsuit on behalf of investors after news broke the long-standing investor was arrested and allegedly charged with billions of dollars in securities fraud, and their general partner informed the investors that their investments were with Madoff.
If you or your group invested with Bernard Madoff, Bernard Madoff Investment Securities, or BMIS, please contact plaintiff's counsel at madoff@hbsslaw.com or (510) 725-3000.
Bernard Madoff -- by his own admission -- as the head of a hedge fund off Wall Street, was arrested yesterday for financial fraud. Madoff, 70, who has operated his own multi-billion dollar investment company since 1960, apparently remarked to his staff earlier in the week that the hedge fund run by his company was a "giant Ponzi scheme.""