Tag Archives: stanford group company

Anuncio de Allen Stanford

A los depositantes de Stanford International Bank y clientes del global Stanford FinancialGroup Como éste es la primera declaración de mí parte desde la destrucción de 17 de febrero de 2009 de las empresas mundiales de Stanford, y mi encarcelación por presuntamente operar un fraude que se ha referido como un “esquema Ponzi”, quiero ser […]

INITIAL REPLY BRIEF OF THE SECURITIES AND EXCHANGE COMMISSION, APPELLANT

By Michael L. Post In its opening brief, the Securities and Exchange Commission established that the district court erred both in incorrectly applying a preponderance standard of proof in this preliminary, summary proceeding and in applying an unduly narrow construction of the statutory term “customer” to preclude the possibility of coverage under the Securities Investor […]

Political Contributions

By U.S. Receiver Ralph Janvey As part of the Receiver’s efforts to recover assets for the Receivership Estate, the Receiver analyzed political contributions made by Stanford International Bank, Ltd., Stanford Group Company, Stanford Capital Management, LLC, R. Allen Stanford, James M. Davis and Laura Pendergest-Holt and certain entities they own or control. As a result […]

Stanford Investors Sue Antigua, Caribbean Central Bank

By Laurel Brubaker Calkins R. Allen Stanford’s receiver and investors’ committee sued Antigua, the Eastern Caribbean Central Bank and 23 former Stanford Financial Group Co. executives over allegations they aided the financier’s $7 billion fraud. The Official Stanford Investors Committee seeks repayment of at least $90 million in documented loans Stanford made to the dual-island […]

THE SECURITIES AND EXCHANGE COMMISSION APPEAL AGAINST SIPC

By SEC The Commission has shown that SIPC should be required to file an application for a protective decree as to Stanford Group Company in the District Court for the Northern District of Texas. In denying the Commission’s application, the district court made two reversible errors: First, it incorrectly applied a heightened preponderance standard of […]

Stanford investors have until Sept. 1 to file claims

By US District Judge David C. Godbey After holding a hearing on the motion, considering all objections, and reviewing the Receiver’s cost estimate [1583], the Court overrules the objections and grants the motion in full, except that it alters the language of section twelve (12) of the proposed Notice of Bar Date and Procedures for […]

Opposition to the USA’s motion to dismiss the complaint

By Dr. Gaytri D. Kachroo Plaintiffs hereby oppose the United States of America’s Motion to Dismiss the Complaint (the “Motion”). This Court has subject matter jurisdiction over this action because the government fails to demonstrate that the discretionary function exception shields from liability the Securities and Exchange Commission’s (“SEC”) negligent failure to follow statutorily prescribed […]