Stanford Receiver Sues Texas A&M For $4.4M

Law360, New York (August 4, 2011, 2:55 PM EDT) -- The receiver tasked with recovering money for the victims of financier Robert Allen Stanford’s alleged $7 billion Ponzi scheme filed suit Wednesday seeking to recover at least $4.4 million paid to Texas A&M University.

Receiver Ralph S. Janvey alleges the university received the money as proceeds from certificates of deposits, the primary tool in Stanford's massive alleged fraud. Janvey says he is still investigating and might increase his recovery demand should he find additional payments made to the university.

"The Stanford parties were running a Ponzi...
To view the full article, register now.




Case Information

Case Title

Janvey et al v. Texas A&M University

Case Number



Texas Northern

Nature of Suit

Other Statutory Actions


David C Godbey

Date Filed

August 2, 2011

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.