Securities Investor Prot. Corp. v. Bernard L. Madoff Inv. Sec. LLC (In re Madoff)

Ruling: 
Customers of debtor who operated Ponzi scheme could not file federal securities law actions that duplicated actions by trustee.
Procedural posture: 
The class action plaintiffs filed a motion for a determination that the commencement of securities class action lawsuits in federal district court against non-debtor parties was not prohibited by a permanent injunction issued by the court as part of a settlement order and would not violate the automatic stay.
Issue: 
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Commercial case opionion summary, case decided on June 20,2012, LexisNexis #0712-039