Tenth pro rata interim distribution of recovered funds To Madoff claims holders commences; totals approximately $464 million

Ten years after the Madoff Recovery Initiative began, AlixPartners has helped distribute over $12 billion to eligible claimants, thanks to Managing Director Vineet Sehgal and his team. Last week, SIPA announced the tenth pro rata interim distribution from the Customer Fund to eligible Bernard L. Madoff Investment Securities customers.