Securities and Exchange Commission v. Stanford International Bank Ltd et al

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Case overview

Case Number:

3:09-cv-00298

Court:

Texas Northern

Nature of Suit:

Other Statutes: Securities/Commodities/Exchange

Judge:

David C Godbey

Firms

Companies

Government Agencies

Sectors & Industries:

  1. July 27, 2015

    Stanford Receiver Defends $5M Deal With Firms, Others

    The receiver for Robert Allen Stanford's estate has urged a Texas federal court to overrule objections and approve a $5 million settlement reached with Adams and Reese LLP, Breazeale Sachse & Wilson LLP and others for their alleged role in the Ponzi scheme, arguing that the attorneys' fees in the deal are reasonable.

  2. May 21, 2015

    Fed. Agency Docs Sought To Track Down Ex-Stanford Workers

    The receiver appointed in the fallout of Robert Allen Stanford's Ponzi scheme asked a Texas federal judge on Thursday to compel federal agencies to produce documents so two former Stanford employees linked to $16.4 million in fraudulent transfers can be located.

  3. August 25, 2014

    Stanford Can't Freeze Estate Receiver's Personal Accounts

    A Texas federal judge on Monday rejected convicted Ponzi schemer Robert Allen Stanford's bid to suspend the activities of his companies' receiver and freeze the receiver's personal accounts, ruling that Stanford had not shown he would likely prevail getting a special prosecutor to investigate the receiver.

  4. July 23, 2014

    SEC Says Stanford's Criminal Conduct Charges 'Slanderous'

    The U.S. Securities and Exchange Commission on Wednesday urged a Texas federal judge to reject convicted Ponzi schemer Robert Allen Stanford's call to appoint a special prosecutor and advise the court of criminal conduct by a court-appointed officer, calling his allegations "slanderous, sensational and unsupported."

  5. April 26, 2013

    Stanford Owes SEC $6.8B As Ponzi Scheme Fallout Continues

    Attempts by convicted Ponzi schemer Robert Allen Stanford to fight U.S. Securities and Exchange Commission claims related to his alleged $7 billion securities fraud plot came to an abrupt halt Thursday when a Texas federal judge ruled in the agency's favor and ordered him to pay $6.76 billion.

  6. April 09, 2013

    SEC Balks As Stanford Tries To Fight Civil Case Again

    The U.S. Securities and Exchange Commission urged a federal judge in Texas on Monday to ignore a request from Robert Allen Stanford, who was convicted of securities fraud in a $7 billion Ponzi scheme, to challenge the validity of the civil case against him and deliver a judgment in the agency's favor.

  7. March 29, 2013

    Stanford Investors Go To Bat For $300M SEC, Antiguan Deal

    Counsel for plaintiffs suing Proskauer Rose LLP and Chadbourne & Parke LLP in class actions over the firms' alleged role in the Stanford Ponzi scheme asked a Texas federal court Thursday to approve a $300 million deal between the U.S. and Antiguan receivers in charge of compensating victims of the fraud.

  8. March 28, 2013

    Proskauer, Hunton, Chadbourne Attack Antiguan Stanford Deal

    Proskauer Rose LLP, Hunton & Williams LLP and Chadbourne & Parke LLP on Thursday challenged a settlement between the U.S. and Antiguan receivers in charge of compensating victims of Robert Allen Stanford's $7 billion Ponzi scheme, saying the deal exposes them to duplicative litigation.

  9. March 26, 2013

    Greenberg Traurig Says Stanford Deal Imperils Law Firms

    Greenberg Traurig LLP told a Texas federal court Monday that it opposed a settlement between the U.S. and Antiguan receivers in charge of compensating victims of Robert Allen Stanford's $7 billion Ponzi scheme because the deal could spark a second wave of litigation against law firms.

  10. August 10, 2012

    Trustmark Fights $2M Stanford Payment In 5th Circ.

    Trustmark National Bank on Friday appealed to the Fifth Circuit a Texas federal judge's order to cough up $2 million to the receiver for the estate of convicted Ponzi schemer Robert Allen Stanford, even as it faces fines for not turning over the money.

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