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...
To view the full article, register now.




Case Information

Case Title

Janvey v. Alguire et al

Case Number



Texas Northern

Nature of Suit

Other Statutes: Securities/Commodities/Exchange


David C Godbey

Date Filed

April 20, 2009

Law Firms

Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.