Judge Issues Gag Order In Stanford Criminal Case

Law360, New York (September 30, 2010, 7:32 PM EDT) -- A federal judge has placed a gag order in the criminal case alleging Texas financier Robert Allen Stanford and three of his former company executives swindled investors in an $8 billion Ponzi scheme, citing concerns over widespread media attention that shows no signs of subsiding.

Judge David Hittner of the U.S. District Court for the Southern District of Texas on Thursday issued the order sua sponte after finding that there was a substantial likelihood that “extrajudicial commentary” by trial participants might taint the jury pool and...
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