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5th Circ. Told To Allow Stanford Ponzi Victims Into Suit

By Michelle Casady (October 7, 2020, 10:45 PM EDT) -- The Fifth Circuit was told it should undo a lower court's ruling and allow 147 duped investors to intervene in a lawsuit seeking monetary damages from banks that facilitated R. Allen Stanford's Ponzi scheme because the Official Stanford Investors Committee doesn't have standing to pursue their Texas Securities Act claims....

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