Lowey Dannenberg Appointed Lead Securities Counsel in Class Action Lawsuit Against Ivy Asset Management, Bank Of NY Mellon and J.P. Jeanneret Associates Investors

The Complaints allege that during the Class Period, unbeknownst to investors, defendents failed to perform the necessary due diligence that they were being compensated to perform as investment advisors, managers and fiduciaries, and proximately caused millions of dollars in losses by placing the Plaintiffs' investment assets of Income-Plus in entities managed by Madoff.

 

Local 73 Annuity Fund and Local 73 Retirement Fund

 

In re: J.P. Jeanneret Associates, Inc., et al., 09 Civ. 3907.