03.15.2013

IN THE NEWS: Stamford Superior Court Awards Settlement to Town of Fairfield in Madoff Case

Associated Press

Pullman & Comley Litigation attorney Richard Robinson represented the Town of Fairfield with David Golub of Silver Golub & Teitell against investment firm Maxam Capital Management.  Maxam, unknown to the town, invested Fairfield's retirement fund in the Bernard Madoff multi-billion dollar Ponzi scheme. 

The town originally had originally invested over $15.4 million with Maxam and according to First Selectman Mike Tetreau, the Stamford Superior Court judgement helped them achieve 100% of their investment loss.

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