Tag Archives: Baker Botts

Allen Stanford filed on 24 April 2014 a Motion to Vacate

Motion to Vacate filed on 24 April 2014, based on: 1) SEC lack of jurisdictional or regulatory authority over SIB 2) Denial of Due Process, and improper venue for their complaint 3) Blatant violation of Stanford’s Fourth Amendment right to protection from illegal search and seizure 4) Fraud upon de Court in this matter Janvey […]

Stanford Judge Approves Interim Distribution to Victims

By Tom Korosec & Andrew Harris A plan by a court-appointed receiver to distribute assets recovered from R. Allen Stanford’s Ponzi scheme to investors was approved by a federal judge in Dallas.U.S. District Judge David C. Godbey accepted the plan by Ralph Janvey, the receiver appointed in 2009 to marshal and liquidate Stanford’s personal and […]

Stanford Judge Lets Receiver Raise Fee, Retains 20% Discount

By Andrew Harris and Edvard Pettersson The court-appointed receiver for R. Allen Stanford can bill his time starting this year at 2012 rates with a 20 per cent discount in spite of objections by Stanford investors who haven’t received any money so far. U.S. District Judge David C. Godbey in Dallas, in an order yesterday, […]

International Victims Charge America to play Fair

In 2009 on the heels of the Madoff fraud, the Ponzi scheme operated by R. Allen Stanford was uncovered which has received widespread media coverage in the United States. What has not been widely reported is that only 4,000 of the 21,000 victims worldwide are US citizens. The remaining 17,000, the vast majority, are innocent […]