Monthly Archives: March 2010

Ben Barnes Sued for $5 million by Stanford Receiver

By Stanford Receiver Democratic lobbyist and former Texas Lieutenant Gov. Ben Barnes has been slapped with a $5 million lawsuit over lobbying and consulting services he provided to R. Allen Stanford, the indicted financier accused of running a multibillion-dollar Ponzi scheme. The suit was filed on Mar. 15 by Ralph Janvey, the receiver appointed by […]

Judge mulls bankruptcy for Stanford fraud case

By The Advocate A Dallas federal judge is considering whether to continue a receivership searching for $7.2 billion in investments alleged to have been stolen by jailed promoter Robert Allen Stanford, of Houston. U.S. District Judge David C. Godbey said last month that he may turn the case over to a bankruptcy court. The issue […]