Stanford Financial Group Receivership and SIB Liquidation… Hope, punishment, or fraud?
We request that the US Receiver and the Stanford Investors Committee show us the real picture of all the litigation claims brought to the Court. What is the actual potential amount of recovery of all the domestic litigation listed in the joint report? What law suits are moving forward and which are not? What about any international litigation and the amounts sought for recovery? If the best chances that affected families have of a meaningful recovery are the law suits against the largest corporations that benefited from Stanford, why are the Receiver, his attorneys and the Official Stanford Investors Committee’s attorneys reaching settlements for pennies?