TO ALL SFA CLIENTS
TO ALL PROSPECTIVE SPP CLIENTS
RE: STANFORD ANTIGUAN LIQUIDATOR – PREFERENCE PAYMENTS
We write to update you with important information regarding customer claims to the Stanford Liquidator in Antigua. As we detailed in our update on March 20, 2014, attached below, the Antiguan Liquidator has recently sent notifications regarding alleged “Preference Payments” to many Stanford investors, including a number of our existing clients.
Time is running out to appeal against the preference payment allegations made by the Liquidator, as KLS needs the time to individually handle each clawback appeal separately. Please be aware that if you do not appeal against the Liquidator’s decision, YOU WILL NOT BE ELIGIBLE FOR ANY DISTRIBUTIONS FROM THE LIQUIDATOR UNLESS YOU PAY THE ALLEGED PREFERENCE PAYMENT.
Unless you have signed the Stanford Preference Payments engagement letter previously sent to you, KLS cannot represent you in this matter.
As always, should you have any questions, please do not hesitate to contact us. Thank
Very truly yours,
KLS Stanford Team
Kachroo Legal Services, P.C.
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