Stanford Investor Seeks Reversal Of Stanford Receiver Clawback Award

Mealey's (August 6, 2021, 9:43 AM EDT) -- NEW ORLEANS — An investor in R. Allen Stanford’s massive Ponzi scheme asked the Fifth Circuit U.S. Court of Appeals on July 22 to overturn a federal district court’s judgment granting a court-appointed receiver’s request for prejudgment interest and costs because the lower court’s judgment was not in line with the appellate court’s mandate rendering judgment for the receiver....

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