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

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Companies

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  1. May 07, 2012

    Stanford Receiver's Claims Process Wins Court Approval

    A Texas federal judge on Friday approved a process to administer claims on R. Allen Stanford's companies' assets, marking an important step in the road to getting money to investors swindled in Stanford's $7 billion Ponzi scheme.

  2. April 26, 2012

    Stanford Victims Push For Streamlined Claims Process

    A group of investors in R. Allen Stanford's $7 billion Ponzi scheme asked a Texas federal court on Thursday to force the court-appointed receiver and the liquidators in Antigua to agree on a single process to administer claims on the Stanford entities' assets.

  3. April 06, 2012

    Judge Raises Stanford Receiver Rate To $400 Per Hour

    A Texas federal judge said Wednesday that the receiver in charge of recovering for investors in R. Allen Stanford's Ponzi scheme could raise his fees to his customary $500 hourly rate minus a 20 percent discount, over protests from investors who say they haven't yet received a penny.

  4. December 02, 2011

    Stanford Can't Escape SEC's Fraud Suit

    A Texas federal court on Wednesday shot down Robert Allen Stanford's bid to dismiss the U.S. Securities and Exchange Commission's suit against him, finding that the agency adequately pled its case alleging he was the mastermind behind a $7 billion Ponzi scheme.

  5. November 14, 2011

    Stanford Investors Lose Bid To Intervene In Receiver's Suit

    A Texas federal judge on Monday refused to allow four purported victims of Robert Allen Stanford's alleged $7 billion Ponzi scheme to intervene in the Stanford receiver's attempts to recover money, saying their allegations against the receiver lacked merit.

  6. July 08, 2011

    Stanford Investors Attack Receiver's Clawback Efforts

    Four purported victims of Robert Allen Stanford's alleged $7 billion Ponzi scheme ripped the receiver tasked with recovering money Thursday, asking a federal judge in California for leave to intervene in the proceedings.

  7. July 07, 2011

    Stanford Defense Atty Begs Judge For Cash

    Robert Allen Stanford's attorney told a Texas federal judge on Wednesday that for his client to properly defend against a civil suit over Ponzi scheme allegations, he needs money to hire accountants who can make a case for unfreezing some assets.

  8. June 22, 2011

    Stanford Trials Delayed For Psychiatric Treatment

    A Texas federal judge on Tuesday delayed Robert Allen Stanford's criminal trial by up to four months while the alleged mastermind of a $7 billion Ponzi scheme undergoes psychiatric treatment, days after another judge postponed a related civil case.

  9. June 17, 2011

    Stanford Attorney Wants SEC Case Put On Hold

    Alleged Ponzi schemer Robert Allen Stanford's attorney asked a Texas federal court on Thursday to delay an evidentiary hearing in a civil suit because Stanford is not competent to stand trial and the government won't release funds to pay for his defense.

  10. April 22, 2011

    Insurers Can't Intervene In Stanford Suit: Judge

    A Texas federal judge on Thursday refused to allow insurers to intervene and block attempts by The Sydow Firm LLP to collect legal fees it claims it's owed for alleged fraudster Robert Allen Stanford's defense costs.

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