Stanford Will Be Tried Separately From Co-Defendants

Law360, New York (June 24, 2010, 4:10 PM EDT) -- Accused $7 billion Ponzi schemer Robert Allen Stanford will be tried separately from his alleged co-conspirators, a federal judge has ruled.

Judge David Hittner of the U.S. District Court for the Southern District of Texas on Wednesday granted motions by three former executives of Antigua-based Stanford International Bank Ltd. to sever their cases from Stanford's.

Stanford will go to trial as scheduled on Jan. 24, 2011. The alleged co-conspirators — former Chief Investment Officer Laura Pendergest-Holt, former Chief Accounting Officer Gilberto Lopez and former Controller Mark...
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