Stanford Legal Team Turns Over For 5th Time

Law360, New York (October 27, 2010, 4:53 PM EDT) -- A judge has allowed the two lead attorneys representing Robert Allen Stanford to withdraw, marking the fifth change of counsel in the 16-month-old case against the former Stanford Financial Group Co. chairman who faces 21 fraud and conspiracy counts stemming from an alleged $8 billion Ponzi scheme.

Robert Bennett, who had effectively been Stanford’s lead attorney for the past several months, told Law360 that Judge David Hittner of the U.S. District Court for the Southern District of Texas had allowed him to resign his lead position...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.