Stanford Receiver Eyes $11M Employee Payments

Law360, New York (October 15, 2009, 1:01 PM EDT) -- The receiver in charge of the distribution of billionaire Robert Allen Stanford's estate is continuing on his warpath, this time targeting two employees of Stanford Capital Management LLC over more than $11 million they received from funds the receiver claims were contributed by investors defrauded in an alleged $7 billion Ponzi scheme.

In a complaint launched Wednesday in the U.S. District Court for the Northern District of Texas, receiver Ralph S. Janvey — who says his purpose is to “maximize the pool of assets that will...
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