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Investors Seek Access To Funds In Stanford Suit

Law360 (April 6, 2009, 12:00 AM EDT) -- Investors whose funds are kept in accounts maintained by billionaire banker Robert Allen Stanford say they have been wrongfully denied access to those accounts since a judge issued an injunction freezing the banker’s assets in connection with an alleged $8 billion Ponzi scheme.

On Monday, investors including Financial Insurance Management Corp., Randall and Marilyn Youngs, Carroll Leu, Lawrence Messina and Tahsin Yilmaz Kalkavan filed an emergency request in the U.S. District Court for the Northern District of Texas asking Judge David C Godbey to reconsider a...
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