mail@shareholdersfoundation.com
On Monday, January 12, 2009, a shareholder has filed a proposed class action lawsuit in the United States District Court for the Southern District of New York on behalf of all persons and entities who invested in the Thema International Fund, the Herald USA Fund, Herald Luxemburg Fund, and Primeo Select Funds between January 12, 2002 through and including January 12, 2008.
If you invested in either Thema International Fund, the Herald USA Fund, Herald Luxemburg Fund, or Primeo Select Funds or the between January 12, 2002 through and including January 12, 2008, you have certain options and there are strict and short deadlines running (March 11, 2009). You should contact the Shareholdes Foundation, Inc. immediately.
Email: Mail@ShareholdersFoundation.com
or Call us TODAY!
Phone: +1-(858)-779-
According to the complaint the plaintiff alleges that between January 12, 2002 through and including January 12, 2008 unbeknownst to investors, defendant Medici Bank, along with defendants Sonja Kohn, Peter Scheithauer, Bank Austria Creditanstalt, Unicredit S.A., Pioneer Alternative Investments, Ernst & Young LLP, and HSBC Holdings plc, caused the Funds to concentrate almost 100% of their investment capital with entities that participated in the massive, fraudulent scheme perpetrated by defendants Bernard L. Madoff and Bernard L. Madoff Investment Securities. According the complaint, this matter involves a massive and unprecedented Ponzi-scheme. Over the past several years, Madoff and Bernard L. Madoff Investment Securities amassed billions of dollars in private investments. On December 11, 2008, Madoff was arrested by federal authorities after confessing to his children that he was operating a $50 billion Ponzi scheme, in which Madoff used the investments of new clients to pay for fictitious "returns" to other clients. Madoff and Bernard L. Madoff Investment Securities were charged with securities fraud by the U.S. Securities And Exchange Commission ("SEC"). They both were also criminally charged with securities fraud by the U.S. Attorney's Office in the Southern District of New York. After Bernard Madoff was arrested, numerous investment funds disclosed that they were little more than 'feeder funds' for Madoff and Bernard L. Madoff Investment Securities. Such funds included the Herald, Primeo, and Thema Funds. They each sought funds directly from investors, and delivered, or fed the investments they received to Madoff. Medici Bank controlled the Herald, Primeo, and Thema Funds, and caused these funds to be fed to Madoff, so the lawsuit.
If you invested in either Thema International Fund, the Herald USA Fund, Herald Luxemburg Fund, or Primeo Select Funds or the between January 12, 2002 through and including January 12, 2008, you have certain options and there are strict and short deadlines running (March 11, 2009). You should contact the Shareholdes Foundation, Inc. immediately.
Email: Mail@ShareholdersFoundation.com
or Call us TODAY!
Phone: +1-(858)-779-
or send us your information by mail /facsimile:
Shareholders Foundation, Inc.
Allen Trevor
3111 Camino Del Rio North - Suite 423 -
92108 San Diego
Tel:+1-(858)-
Fax:+1-(858)-
Mail@ShareholdersFoundation.com
www.ShareholdersFoundation.com
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