When the case returned to the lower courts, however, a judge decided that the original conviction was based a huge amount of evidence and that the Supreme Court ruling about that one aspect of the case should not impact the entirety of the conviction.
The settlement resolves all claims by Mr. Picard against the Mets owners and their business partners, including any amount they would have paid under a prior court ruling that they must return "fictitious profits" withdrawn in the two years before Mr. Madoff's fraud collapsed.