Las víctimas olvidadas de Stanford ahora disponible en español

Las víctimas olvidadas de Stanford, ahora disponible en español en:

Thursday, May 14, 2015

Law Firms Pay $5M for Stanford Ponzi

DALLAS (CN) - Two Louisiana law firms will pay $5 million to settle claims they referred clients to R. Allen Stanford's $7 billion Ponzi scheme and gave fake opinions to Antiguan banking authorities. 

A proposed class of Stanford investors sued New Orleans-based Adams & Reese, Baton Rouge-based Breazeale Sachse & Wilson and several individuals in Federal Court in 2011.

 Court-appointed receiver Ralph Janvey filed a second suit in 2012, accusing the defendants of negligence, breach of fiduciary duty, aiding and abetting.

 Janvey also sued Adams & Reese attorneys Robert Schmidt and James Austin, Breazeale Sachse & Wilson attorney Claude Reynaud and Stanford Trust Co. directors Cordell Haymon and Thomas Frazier.

 Janvey said the defendant law firms "embarked on their own campaign to enrich themselves at their other clients' expense," and that while providing legal services to Stanford Financial, they referred their own clients to Stanford ...................

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For a full and open debate on the Stanford receivership visit the Stanford International Victims Group - SIVG official Forum

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