Wednesday, November 2, 2011
Wilpons nearing Madoff-related settlement
By Adam Rubin
Sterling Equities, owned by Fred Wilpon and family, is nearing a settlement in a second Bernard Madoff-related case, according to court filings. This lawsuit was brought by Sterling Equities employees alleging the company and its owners bore responsibility for investing employees' 401(k) funds with Madoff.
Read the news story here.