Attorney Helen Chaitman, who appeared before the court on behalf of a group of smaller investors who were also dubbed \"winners,\" said she was hopeful the panel would reject Picard's definition. \"We're hopeful that the Second Circuit will reverse,\" said Chaitman. \"I'm optimistic about it. It's a complicated issue.\" Chaitman herself was a Madoff investor but not a \"winner,\" since she never withdrew any funds from her account.
The Mets also acknowledged on Friday, February 25 that they had taken a $25 million loan from Major League Baseball, according to the New York Times but sources told the Times that the team won't be getting any more help from MLB.
A representative from Picard's office told ABC News he had no comment at this time.
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