Monthly Archives: July 2011

Response and Objection to the KLS Motion to Intervene

The Motion to Intervene filed by the KLS Stanford Victims should be denied. While styled as a Motion to Intervene (and for the appointement of four additional Stanford investors to the Committee), the Motion is little more than an attempt by one lawyer – Gaytri Kachroo (“Kachroo”) – to belatedly insert herself into these proceedings, […]

SEC Inspector General to Investigate Stanford Texas Receivership

By KACHROO LEGAL SERVICES, P.C. We have learned today that SEC Inspector General David Kotz will begin an investigation of the Texas Receivership of Allen Stanford, pursuant to a request by Kachroo Legal Services, P.C. The request by Kachroo Legal Services, P.C. to initiate an investigation attached the recently filedMotion to Intervene and Declaration based on […]

Stanford Victims Refuse to be defrauded by Texas Receiver

Since the SEC shut down Allen Stanford’s investing and banking operations over two years ago, the receivership to help the victims recover their losses has been consuming all the assets, reveals a motion filed today by Kachroo Legal Services, P.C. and its principal, Gaytri Kachroo. Out of a $7 billion Ponzi scheme, the receiver has […]

Stanford Victims Complain About Receiver’s Spending

A motion has been filed in the US District court to protect Stanford Victims from what they view as the overspending by the court-appointed receiver and the negligence of the Stanford Investor Committee. Acting on their behalf, Kachroo Legal Services, PC has filed a motion to intervene, and for appointment to the Committee. The motion […]