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Search results for ""Allen Stanford""

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UPDATE 1-Big U.S. law firms must face Stanford receiver's Ponzi lawsuit

June 24- Two large New York law firms failed to persuade a federal judge to throw out a malpractice lawsuit seeking to force them to pay creditors of imprisoned swindler Allen Stanford for aiding the Texas financier's $7.2 billion Ponzi scheme. Stanford, 65, is serving a 110- year prison term following his March 2012 conviction for scheming to sell fraudulent...
Source: Reuters | By: Jonathan Stempel
Big U.S. law firms must face Stanford receiver's Ponzi lawsuit

June 24- Two large New York law firms failed to persuade a federal judge to throw out a malpractice lawsuit seeking to force them to pay creditors of imprisoned swindler Allen Stanford for aiding the Texas financier's $7.2 billion Ponzi scheme. Stanford, 65, is serving a 110- year prison term following his March 2012 conviction for scheming to sell fraudulent...
Source: Reuters | By: Jonathan Stempel