UPDATE 1-U.S. court voids $65 mln settlement tied to Allen Stanford Ponzi scheme
A federal appeals court on Monday threw
out a settlement requiring insurers to pay $65 million to a
court-appointed receiver for companies once run by Allen
Stanford, the Texas financier serving a 110-year prison term for
running a large Ponzi scheme.
out a settlement requiring insurers to pay $65 million to a
court-appointed receiver for companies once run by Allen
Stanford, the Texas financier serving a 110-year prison term for
running a large Ponzi scheme.
Posted by Reuters