Class Action Suit against Ascot Partners LP
Class Action Lawsuit On Behalf Of Investors in Ascot Partners
L.P. Over Alleged Securities Violations By Ascot Partners
L.P. Filed +++ New Shareholders Class Action Lawsuit +++ Deadline
expires on February 14, 2009 +++ Go To ->
www.ShareholdersFoundation.com & Never Miss A Deadline +++
On Tuesday, December 16, 2008, a shareholder of Ascot Partners
L.P. has filed a proposed securities class action lawsuit in the United
States District Court for the Southern District of New York on behalf
all persons and entities who invested in limited partnership interests
of Ascot Partners, L.P. between December 16, 2002 through and including
December 16, 2008 and also retained their investment through that date,
and all persons with respect to plaintiff’s claims of breach of
fiduciary duty only, includes all Ascot limited partners as of the end
of the above stated period.If you invested in limited partnership
interests of Ascot Partners, L.P. between December 16, 2002 through and
including December 16, 2008 and also retained their investment through
that date, you have certain options and there are strict and short
deadlines running. (February 14, 2009). You should contact the
Shareholders Foundation, Inc. immediately!Email:
Mail@ShareholdersFoundation.com or Call us TODAY!Phone:
+1-(858)-779-1554or send us your information by mail
/facsimileShareholders Foundation, Inc. 3111 Camino del Rio North –
Suite 423 – San Diego, CA 92108
Fax: +1-(858)-605-5739(Facsimile)According to the complaint the
plaintiff alleges that defendants including Ascot Partners, L.P., J.
Ezra Merkin and BDO Seidman, L.P. violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934, and Rule 10b-5 promulgated
thereunder common law fraud, negligent misrepresentation and breach of
fiduciary duty under the laws of New York State. According to the
lawsuit this case arises also from a massive fraudulent scheme
perpetrated by Bernard L. Madoff through his investment firm, Bernard
L. Madoff Investment Securities, LLC, and others. The complaint alleges
that Defendants recklessly or with gross negligence and/or in breach of
fiduciary duties owed to plaintiff and other class members, caused and
permitted $1.8 billion to be handed over to Madoff to be “invested” for
the benefit of plaintiff and the other limited partners of Ascot.
Plaintiff’s investment in Ascot has been wiped out, so the lawsuit.If
you invested in limited partnership interests of Ascot Partners, L.P.
between December 16, 2002 through and
including December 16, 2008 and also retained their investment through
that date, you have certain options and there are strict and short
deadlines running. (February 14, 2009). You should contact the
Shareholders Foundation, Inc. immediately!Email:
Mail@ShareholdersFoundation.com or Call us TODAY!
Phone: +1-(858)-779-1554
or send us your information by mail /facsimile:Shareholders Foundation,
Inc.
3111 Camino Del Rio North - Suite 423 -
92108 San Diego
Tel:+1-(858)-779-1554
Fax:+1-(858)-605-5739
Mail@ShareholdersFoundation.com
www.ShareholdersFoundation.com
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Comments
(11) . 07 Jan 2007 . 02:56