Sydow Drops Defense Of Stanford In SEC Suit

Law360, New York (April 6, 2011, 12:49 PM EDT) -- The Sydow Firm LLP on Monday withdrew as counsel for alleged fraudster Robert Allen Stanford, telling a Texas federal court that since Stanford lost directors and officers insurance coverage last fall, his defense has proven too costly to continue.

The U.S. District Court for the Northern District of Texas approved the withdrawal and appointed The Cochell Law Firm as new lead counsel for Stanford in the U.S. Securities and Exchange Commission's suit against him.

In asking to step down as counsel for Stanford and his three...
To view the full article, register now.




Case Information

Case Title

Securities and Exchange Commission v. Stanford International Bank Ltd et al

Case Number



Texas Northern

Nature of Suit

Other Statutes: Securities/Commodities/Exchange


David C Godbey

Date Filed

February 17, 2009

Law Firms

Government Agencies

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.