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MassMutual sued in Madoff scandal

Investors try to recoup $3b from the Bay State firm

By Beth Healy
Globe Staff / April 20, 2009

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Investors of disgraced financier Bernard Madoff have filed 18 lawsuits against Massachusetts Mutual Life Insurance Co. in an effort to recoup $3.3 billion that its hedge fund group lost in the scandal. But the Springfield insurer is trying to distance itself from the ordeal and says it has no liability in the matter. (Full article: 952 words)

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