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Lloyd's $65M Stanford Scam Deal OK'd; Attys Get $14M

By Dorothy Atkins ( May 16, 2017, 9:50 PM EDT) -- A Texas federal judge approved amid objections on Tuesday a $65 million deal resolving allegations Lloyd's of London and other underwriters should cover losses from R. Allen Stanford's $7 billion Ponzi scheme, and awarded $14 million in attorneys' fees to counsel representing the receiver in the insurance dispute....

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