Stanford Lawyers Want Trial Stayed

Law360, New York (June 2, 2011, 5:55 PM EDT) -- Lawyers for accused $7 billion Ponzi schemer Robert Allen Stanford asked a federal judge in Texas on Wednesday to stay their client's criminal case, saying he would continue to be medically incompetent until his trial started.

Stanford, former chairman of the Houston-based Stanford Financial Group Co., parent of Stanford International Bank Ltd., pled not guilty in June 2009 to the government's initial 21-count indictment.

Stanford's attorneys say he has been mentally incompetent since they took his case, and has been unable to assist them at all...
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