May 11, 2011
Investors suing the U.S. Securities and Exchange Commission over its failure to stop Robert Allen Stanford's alleged Ponzi scheme told a Texas federal court Tuesday that the agency is not shielded by a law barring suits over federal officials' discretionary choices.
April 08, 2011
Prosecutors asked a Texas federal judge Thursday to dismiss investors' allegations that they lost more than $18 million because a conflict of interest within the U.S. Securities and Exchange Commission kept it from halting Robert Allen Stanford's Ponzi scheme.
March 24, 2011
A group of Louisiana investors who lost more than $18 million to Robert Allen Stanford sued the U.S. Securities and Exchange Commission in Texas on Thursday, alleging a conflict of interest within the agency kept it from halting the fraudster's Ponzi scheme.