Lillie v. Off of Fincl Inst St of LA
Case Number:
19-30705
Court:
Nature of Suit:
3850 Securities, Commodities, Exchange
Companies
- Arch Capital Group Ltd.
- AXA XL Ltd.
- CNA Financial Corp.
- SEI Investments Co.
- Sompo International Holdings Ltd.
Sectors & Industries:
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May 14, 2021
5th Circ. Tosses Stanford Ponzi Investors' Claims Against SEI
Investors in Robert Allen Stanford's massive Ponzi scheme lost their bid to revive claims against investment processor SEI Investments Co. on Friday when the Fifth Circuit said it hadn't seen evidence that SEI had any control over the multibillion-dollar fraud.
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November 21, 2019
Investors Urge 5th Circ. To Revive Ponzi Claims Against SEI
A group of investors in Robert Allen Stanford's massive Ponzi scheme are asking the Fifth Circuit to revive their claim that investment processor SEI Investments Co. could have provided them with the information they needed to avoid the scheme's collapse.