On January 21, 2009, accounting firm Holtz Rubenstein Reminick LLP (HRR) hosted at the Jumeirah Essex House a town hall-style meeting on “Implications and Consequences of the Alleged Fraud of Bernard Madoff.” The panel included three HRR partners, a securities lawyer and the CEO of an investment adviser. We report on the key ideas discussed at the meeting, including practical recovery and tax tips for investors affected by the alleged Madoff Ponzi scheme.