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5th Circ. Says Golf Channel Can't Dodge $6M Stanford Suit

By Y. Peter Kang (March 11, 2015, 6:56 PM EDT) -- The Fifth Circuit on Wednesday said Golf Channel Inc. can be sued for about $6 million by the receiver for R. Allen Stanford's Ponzi scheme because the channel did not provide reasonably equivalent value for ads that Stanford bought, potentially paving the way for dozens of similar clawback suits....

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