Stanford Trials Delayed For Psychiatric Treatment

Law360, New York (June 22, 2011, 12:21 PM EDT) -- A Texas federal judge on Tuesday delayed Robert Allen Stanford's criminal trial by up to four months while the alleged mastermind of a $7 billion Ponzi scheme undergoes psychiatric treatment, days after another judge postponed a related civil case.

The criminal trial, which was scheduled to begin Sept. 12 in Houston, will now begin in January 2012 unless Stanford is deemed competent before then, U.S. District Judge David Hittner ruled.

Judge Hittner, however, warned prosecutors and defense attorneys "to diligently prepare this case to proceed to...
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Case Information

Case Title

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


Case Number

3:09-cv-00298

Court

Texas Northern

Nature of Suit

Other Statutes: Securities/Commodities/Exchange

Judge

David C Godbey

Date Filed

February 17, 2009


Case Title

USA v. Stanford et al


Case Number

4:09-cr-00342

Court

Texas Southern

Nature of Suit

Date Filed

June 18, 2009

Government Agencies

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