Stanford Sentencing Today: U.S. Seeking 230 Year Prison Sentence, $5.9 Billion in Restitution

"The nature and circumstances of Stanford's fraud, his own role and personal history, and the need for forceful deterrence calls for the most severe punishment permitted by law." - Stanford Prosecutors Convicted swindler Allen Stanford is scheduled to be sentenced today in what will...

Supreme Court Court Hears Oral Argument in Stanford Ponzi Scheme-Related Cases

WASHINGTON, D.C. — (Mealey’s) Attorneys for Latin American investors in Stanford International Bank (SIB) and SIB’s insurance brokers and lawyers asked the U.S. Supreme Court on Oct. 7 to determine whether the Securities Litigation Uniform Standards Act (SLUSA) and the Securities Exchange...