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Knopf Authors Article on Limited Fund Settlements in NYLJ Article

July 8, 2011

Fred N. Knopf (Partner-White Plains) authored an articled for the June 13, 2011 edition of the New York Law Journal entitled "'Limited Fund' Settlements: Worthwhile but Complex for Broker-Dealer Defendants." The article explains what a “limited fund” settlement is and explores whether or not a broker-dealer being sued in a Ponzi scheme–related class action can use the “limited fund” settlement concept to buy its peace in order to maintain a viable business. This article also explores the many issues and concerns facing a broker-dealer who pursues this avenue of relief.

Read the article.

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