March 26, 2013
Greenberg Traurig LLP told a Texas federal court Monday that it opposed a settlement between the U.S. and Antiguan receivers in charge of compensating victims of Robert Allen Stanford's $7 billion Ponzi scheme because the deal could spark a second wave of litigation against law firms.
August 10, 2012
Trustmark National Bank on Friday appealed to the Fifth Circuit a Texas federal judge's order to cough up $2 million to the receiver for the estate of convicted Ponzi schemer Robert Allen Stanford, even as it faces fines for not turning over the money.
May 07, 2012
A Texas federal judge on Friday approved a process to administer claims on R. Allen Stanford's companies' assets, marking an important step in the road to getting money to investors swindled in Stanford's $7 billion Ponzi scheme.
April 26, 2012
A group of investors in R. Allen Stanford's $7 billion Ponzi scheme asked a Texas federal court on Thursday to force the court-appointed receiver and the liquidators in Antigua to agree on a single process to administer claims on the Stanford entities' assets.
April 06, 2012
A Texas federal judge said Wednesday that the receiver in charge of recovering for investors in R. Allen Stanford's Ponzi scheme could raise his fees to his customary $500 hourly rate minus a 20 percent discount, over protests from investors who say they haven't yet received a penny.
December 02, 2011
A Texas federal court on Wednesday shot down Robert Allen Stanford's bid to dismiss the U.S. Securities and Exchange Commission's suit against him, finding that the agency adequately pled its case alleging he was the mastermind behind a $7 billion Ponzi scheme.
November 14, 2011
A Texas federal judge on Monday refused to allow four purported victims of Robert Allen Stanford's alleged $7 billion Ponzi scheme to intervene in the Stanford receiver's attempts to recover money, saying their allegations against the receiver lacked merit.
July 08, 2011
Four purported victims of Robert Allen Stanford's alleged $7 billion Ponzi scheme ripped the receiver tasked with recovering money Thursday, asking a federal judge in California for leave to intervene in the proceedings.
July 07, 2011
Robert Allen Stanford's attorney told a Texas federal judge on Wednesday that for his client to properly defend against a civil suit over Ponzi scheme allegations, he needs money to hire accountants who can make a case for unfreezing some assets.
June 22, 2011
A Texas federal judge on Tuesday delayed Robert Allen Stanford's criminal trial by up to four months while the alleged mastermind of a $7 billion Ponzi scheme undergoes psychiatric treatment, days after another judge postponed a related civil case.