Stanford Receiver Presses On With Clawback Push

Law360, New York (July 29, 2009, 1:01 PM EDT) -- Undeterred by recent criticism, the court-appointed receiver in the fraud case against Texas billionaire Robert Allen Stanford is looking to seize over $800 million connected to the sale of certificates of deposit that are at the center of the alleged $7 billion scandal.

On Monday, Ralph S. Janvey filed an amended complaint in the U.S. District Court for the Northern District of Texas, building on the clawback case he first brought in April against Stanford customers and brokers stemming from purportedly fraudulent CD's issued by Stanford's...
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Case Information

Case Title

Janvey v. Alguire et al


Case Number

3:09-cv-00724

Court

Texas Northern

Nature of Suit

Other Statutes: Securities/Commodities/Exchange

Judge

David C Godbey

Date Filed

April 20, 2009

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