August 09, 2023
TD Bank, HSBC and Independent Bank have received final approval to settle claims against them in a nearly 15-year suit over their alleged complicity in the $7 billion Robert Allen Stanford Ponzi scheme.
February 27, 2023
TD Bank is leading a pack of three financial institutions that have collectively agreed to pay more than $1.3 billion to end a civil suit that was scheduled to go to trial Monday over the banks' alleged involvement in the multibillion-dollar scheme run by convicted Ponzi scammer Robert Allen Stanford.
February 21, 2023
Societe Generale Private Banking (Suisse) SA has agreed to shell out $157 million to ditch investor litigation stemming from the multibillion-dollar scheme run by convicted Ponzi scammer Robert Allen Stanford, according to a motion filed in Texas federal court Tuesday.