April 18, 2011
The receiver for accused Ponzi schemer Robert Allen Stanford's estate asked a Texas federal court Monday to force a hedge fund linked to Vice President Joe Biden's family to hand over $3 million held in two Stanford companies' accounts.
April 14, 2011
The auditor that checked the finances of Robert Allen Stanford's companies filed a bid to quash a records subpoena Thursday in the U.S. Securities and Exchange's Texas lawsuit against the accused $7 billion Ponzi schemer.
April 06, 2011
The Sydow Firm LLP on Monday withdrew as counsel for alleged fraudster Robert Allen Stanford, telling a Texas federal court that since Stanford lost directors and officers insurance coverage last fall, his defense has proven too costly to continue.
January 26, 2010
A federal judge has ordered underwriters at Lloyd’s of London to honor a disputed directors and officers policy and pony up defense costs for accused Ponzi ringleader Robert Allen Stanford and his cohorts in ongoing criminal and civil litigation.
December 17, 2009
Underwriters refusing to cover the costs of defending accused Ponzi kingpin Robert Allen Stanford and his cohorts have failed to crush a lawsuit over their obligations, even though a federal judge acknowledged the suit openly defied a court order.