Keller Rohrback L.L.P. Announces Investigation of Holding Companies and Investment Funds Impacted by Madoff Ponzi Scheme


SEATTLE, Jan. 7, 2009 (GLOBE NEWSWIRE) -- Attorney Advertising. Keller Rohrback L.L.P. (www.krclassaction.com) today announced that it is investigating the actions of MassMutual's Tremont Group Holdings, Inc. ("Tremont"); Rye Investment Management; Oppenheimer Funds; Fairfield Greenwich Advisors ("Fairfield"); Access International Advisors; and Maxam Capital Management, on behalf of investors who lost millions in the long-running Ponzi scheme at Bernard Madoff Investment Securities ("Madoff").

Keller Rohrback's investigation concerns the legal rights of investors who suffered a loss by entrusting their money to various holding companies and investment funds, such as Tremont's Rye Select Broad Market Fund (the "Rye Fund"), Fairfield's Sentry Fund; Ascot Partners; Access International Advisors; or Maxam Capital Management. Preliminary reports indicate that intermediaries who placed their clients' investments with Madoff knew or should have known that Madoff was engaged in wrongdoing based on suspicious returns and other signals of misconduct, but that they ignored these red flags. The Rye Fund allegedly hired Madoff as its investment manager and KPMG LLP as the fund's auditor.

If you are an investor who has suffered a loss through the Rye Fund, the Sentry Fund, Ascot Partners, Access International Advisors, or Maxam Capital Management as a result of the Ponzi scheme at Bernard Madoff Investment Securities, you may contact paralegal Jennifer Tuato'o or attorneys Mike Woerner or Amy Williams-Derry toll free at (800) 776-6044, or via e-mail at investor@kellerrohrback.com.

Note to Fiduciaries of Retirement Savings or Pension Plans that Invested in Madoff Securities:

The Employee Retirement Income Security Act of 1974 ("ERISA") imposes obligations on those who control investment decisions of a pension plan. Fiduciaries of retirement savings or pension plans that have suffered losses due to the Madoff Ponzi scheme or plan participants in such plans are welcome to contact paralegal Jennifer Tuato'o or attorney Amy Williams-Derry toll free at (800) 776-6044, or via email at investor@kellerrohrback.com to learn more about their rights under ERISA.

Keller Rohrback is one of America's leading law firms handling securities and retirement plan litigation. With offices in New York, Phoenix, and Seattle, Keller Rohrback L.L.P. enjoys a national reputation for excellence in prosecuting securities fraud claims on behalf of shareholders and ERISA claims on behalf participants and beneficiaries of retirement plans. The firm relies upon the business and financial background of a number of its attorneys, led by managing partner Lynn Sarko, who holds an M.B.A. in accounting and finance. Keller Rohrback has successfully provided class action representation for over a decade. Its trial lawyers have obtained judgments and settlements on behalf of clients in excess of seven billion dollars.

Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.



            

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