26-02-2009: Deminor reacts to the CSSF statement regarding Luxalpha / UBS and to UBS's reply

Deminor welcomes the CSSF decision of February 25, 2009 and takes notice that UBS fails to reply to the CSSF's arguments.


Deminor asks UBS to pay damages to all investors in funds with Madoff exposure for which UBS entities have acted as investment manager and/or depositary. Deminor addresses a letter to the CSSF requesting more transparency and sanctions against the depositaries, investment managers and auditors of Luxalpha, Luxembourg Investment Fund and Herald (Lux) (the "Funds"). Please find below a copy of our press release and of the letter to the CSSF.


The letter is only available in French.


PDF Madoff-Lettre CSSF_2602091.pdf
PDF Madoff-press release-2602091.pdf