District Court, S.D. New York January 7, 2013, No. 09 M.D.2082 (In re Meridian Funds Group Securities & Employee Retirement Income Security Act (ERISA) Litigation)

*234OPINION

THOMAS P. GRIESA, District Judge.

This putative class action arises out of the massive Ponzi scheme orchestrated by Bernard Madoff.

The lead Plaintiff in this case, Pension Trust Fund for Operating Engineers (“Operating Engineers”), is a multi-employer pension plan governed by ERISA. Operating Engineers was an investor in a hedge fund, Meridian Diversified ERISA Fund, Ltd.