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Stanford Investors Face Uphill Climb In Battle With SEC

By Carolina Bolado (September 9, 2014, 9:12 PM EDT) -- Investors in Robert Allen Stanford's $7 billion Ponzi scheme are set to argue before the Eleventh Circuit on Thursday that the U.S. Securities and Exchange Commission should be found negligent for failing to properly report the massive scheme, but experts say investors face an uphill battle if they are to overcome provisions in the Federal Tort Claims Act shielding the agency from liability....

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