Facts (2)
Data Freshness
Fresh
Last update: 0d ago · Avg age: 0d
Confidence Tiers:
Primary Source — cross-referenced government/corporate filings
Pending Review — sourced but not independently verified
AI Inference — analytical hypothesis from cross-referencing
Documented Records (2)
Sourced from government databases, press reports, and corporate filings. Not yet independently verified.
Partially Corroborated
As of 2024 had recovered or entered into agreements to recover more than $14.7 billion for BLMIS customers — the largest fraud-recovery effort in U.S. financial history.
Primary Source
Appointed SIPA Trustee for the BLMIS liquidation December 15, 2008 by the Securities Investor Protection Corporation; partner at Baker Hostetler.
All Connections (5)
settlement
secondary
since 2011-05-09
Fairfield Greenwich affiliates settled with the BLMIS SIPA Trustee Irving Picard in May 2011 for approximately $80 million.
settlement
secondary
since 2011-07-28
Tremont funds and affiliates agreed a $1.025 billion settlement with the BLMIS SIPA Trustee Irving Picard on July 28, 2011 — at the time the second-largest single recovery in the BLMIS liquidation.
settlement
inferential
since 2014-01-01
Kingate Global Fund liquidators reached a settlement with the BLMIS SIPA Trustee Irving Picard in 2014, contributing several hundred million dollars to the customer-recovery pool over subsequent years.
settlement
secondary
since 2009-05-26
Optimal Strategic US Equity agreed a $235 million settlement with the BLMIS SIPA Trustee Irving Picard on May 26, 2009 — the first major BLMIS feeder-fund settlement.
liquidation_trustee
primary
since 2008-12-15
Picard appointed SIPA Trustee for BLMIS liquidation December 15, 2008; recovered or committed $14.7B+ for victims as of 2024.
Sources (0)
No sources.
Goblin House