Judge Sides with Scammed Investors
5:00 am
Tue March 20, 2012

Investors Get a Win Against Stanford

 

Investors have won a legal victory against R. Allen Stanford, who orchestrated a massive Ponzi scheme that cost them billions of dollars.

 A federal appeals court is now allowing class-action lawsuits to go forward against individuals and companies who are alleged to have aided the financier’s fraud. Stanford was convicted earlier this month.

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