Chadbourne, Proskauer Targeted Over $7B Stanford Fraud

Law360, New York (February 1, 2013, 1:34 PM EST) -- Stanford Financial Group's receiver sued Proskauer Rose LLP and Chadbourne & Parke LLP on Thursday for allegedly helping Robert Allen Stanford pull off his $7 billion Ponzi scheme, two weeks after the U.S. Supreme Court said it would review investor class actions over the firms' alleged role.

Ralph S. Janvey, the receiver for Stanford's bank and related financial entities, claims lawyer Thomas V. Sjoblom, formerly with Chadbourne and later with Proskauer, helped Stanford's bank hide his shady dealings from the U.S. Securities and Exchange Commission beginning...
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Case Information

Case Title

Janvey et al v. Proskauer Rose LLP et al


Case Number

3:13-cv-00477

Court

Texas Northern

Nature of Suit

Torts/Pers Prop: Other Personal Property Damage

Judge

David C Godbey

Date Filed

January 31, 2013

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