mail@shareholdersfoundation.com
Investors in the Thema International Fund, Herald USA and Herald Luxemburg Fund, and Primeo Select and Executive Fund have filed a class action lawsuit, in the United States District Court for the Southern District of New York on behalf of investors who invested in the Thema International Fund, Herald USA and Herald Luxemburg Fund, and Primeo Select and Executive Fund between March 1, 2001 and December 10, 2008 against defendants Medici Bank, Sonja Kohn, Peter Scheithauer, Bank Austria Creditanstalt, Unicredit S.A., Pioneer Alternative Investments, Ernst & Young LLP, and HSBC Holdings plc.
Those who invested in the funds Thema International Fund, Herald USA and Herald Luxemburg Fund, and Primeo Select and Executive Fund between March 1, 2001 and December 10, 2008 have options, there is a short deadline running until Monday May 04, 2009 and should contact the Shareholders Foundation, Inc!
Email: mail@shareholdersfoundation.com
or Call us at: +1-(858)-779-
Several investors in the Thema International Fund, Herald USA and Herald Luxemburg Fund, and Primeo Select and Executive Fund have filed proposed class action lawsuits against Medici Bank, Sonja Kohn, Peter Scheithauer, Bank Austria Creditanstalt, Unicredit S.A., Pioneer Alternative Investments, Ernst & Young LLP, and HSBC Holdings plc. over their losses in connection with the Bernard Madoff $50billion Ponzi scheme. The Complaint alleges that the defendants violated the U.S. federal securities laws (10(b) and 20(a) of the Securities and Exchange Act of 1934) and also asserts claims under state law (negligent misrepresentation, breach of fiduciary duty, gross negligence, unjust enrichment, and aiding and abetting breach of fiduciary duty). The plaintiffs allege all that the defendants caused harm to the investors in the stated funds by improperly funneling money to Bernard L. Madoff instead of properly investing money in the securities market -- as the Funds' prospectuses stated that defendants would do. Investors were never told their money was being invested with Madoff. 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.
Those who invested in the funds Thema International Fund, Herald USA and Herald Luxemburg Fund, and Primeo Select and Executive Fund between March 1, 2001 and December 10, 2008 have options, there is a short deadline running until Monday May 04, 2009 and should contact the Shareholders Foundation, Inc!
Email: mail@shareholdersfoundation.com
or Call us at: +1-(858)-779-
or send us your information by mail /facsimile:
Shareholders Foundation, Inc.
Trevor Allen
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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