HSBC and accountants Ernst & Young and PricewaterhouseCoopers have been named as defendants in a $3bn class-action suit filed in New York by investors in offshore hedge funds who fell victim to disgraced investor Bernard Madoff.
The lawsuit is the latest in a long line of legal actions filed by angry Madoff victims desperate to claw back billions of dollars of lost funds.
Fabian Perrone, an Argentinian hedge fund investor, and Chia Hung Kao, who is from Taiwan, filed the complaint in New York last week.
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