Dallas attorneys and financial professionals are set to play a number of lead roles in unwinding the $9.2 billion Stanford Financial Group.
Houston-based Stanford has been described as a billion-dollar Ponzi scheme by the Securities and Exchange Commission. The SEC’s Fort Worth office forced the Stanford companies into receivership in mid-February.
The whole matter now is moving forward before federal Judge David Godbey at the Earle Cabell Federal Building in downtown Dallas.
That’s where a capacity crowd of attorneys and onlookers convened for the first court hearing March 2 on the Stanford group matter
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