| Claims & Recovery Status |
Claims Processing Status
Irving H. Picard, Trustee for the Liquidation of Bernard L. Madoff Investment Securities LLC, has retained AlixPartners, LLP with the Court's approval, as Claims Agent.
As of March 5, 2010, the Trustee provides the following information regarding customer claims:
Determined Claims: | 12,074 | | Allowed Claims: | 1,950 | Denied Claims: | 10,124 |
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| | Amount of Allowed Claims: | $5,239,938,754.48 | | Amount of SIPC Coverage Committed: | $654,071,395.53 | | Amount by Which Allowed Claims Exceed Statutory Limits of SIPC Protection: | $ 4,585,867,358.95 |
This information will be updated on a periodic basis, please check back to get the latest available status of submitted claims.
Recovery Status
The Trustee is making every effort to keep all parties informed of his ongoing efforts to administer the BLMIS estate. For more information on the administration of the BLMIS estate and recovery status, please click here.
Claims Process
The claim review process is being conducted as quickly as possible. Every claimant will receive a written determination from the Trustee once their claim has been processed. For more information on the claim process, please click here here.
You can view the Hardship Program information and request a Hardship Application by clicking here.
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