|Victims of the Ponzi schemes of Bernard Madoff and Allen |
Stanford, two of the largest in US history, suffered setbacks on
Monday as the US Supreme Court refused to hear appeals in
two cases seeking to recoup more money for them.
Separately, the court rejected a request by Ralph Janvey, a receiver unwinding Stanford's businesses, to review a ruling that blocked him from pursuing claims against Stanford employees on behalf of the receivership's creditors, not the businesses themselves. In both cases, lower courts concluded that Picard and Janvey lacked standing to bring their respective claims.
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For a full and open debate on the Stanford receivership visit the Stanford International Victims Group - SIVG official Forum http://sivg.org.ag/