While the father if all class action suits sits in prison repenting his own crimes, his progeny are busy. The first (to my knowledge) class action lawsuit has been filed against Madoff and everyone associated with his fraud, including Greenwich’s own Fairfield Greenwich Group and Walter Noel, alleging various and sundry violations of ERISA. Anyone who’s IRA or pension fund was affected by Madoff and Walt probably will fall into ERISA’s protection and will thereby gain a nice variety of legal theories to perhaps recover on. But win or lose, Walter’s going to be busy the next few years. If you had a golfing date set with him before, say, 2019, he sends his regrets.