Former Stanford Investment Advisers Push to Get Assets Unfrozen

Headline Legal News

The Fulton County Daily Reports states that when Stanford International Bank, the financial institution founded by larger-than-life Texan R. Allen Stanford, imploded earlier this year after the Securities and Exchange Commission accused the bank of fraud, assets belonging not just to investors but also to financial advisers once employed there were frozen.

Now, with the help of some Atlanta lawyers, those financial advisers are trying to get their money back.

Jason W. Graham of Graham & Penman, along with associate Eric L. Jensen and Fort Worth, Texas, lawyer Robert J. Wright, filed a motion in US District Court for the Northern District of Texas on July 28 seeking to modify the receivership order and to have accounts belonging to 10 former financial advisers at Stanford International Bank, or SIB, released.

Related listings

  • Class Claims Facebook Invades Privacy, Sells Personal Information

    Class Claims Facebook Invades Privacy, Sells Personal Information

    Headline Legal News 08/25/2009

    Facebook invades the privacy of its customers and misappropriates people's images and personal information for marketing and commercial purposes, a class action claims in Orange County Court, Calif. The class claims Facebook's "unconscionable" terms ...

  • Newly Released Documents Show Rehnquist's Private Side

    Newly Released Documents Show Rehnquist's Private Side

    Headline Legal News 08/24/2009

    The National Law Journal reports that in the dark days after he announced that he was suffering from thyroid cancer in late October 2004, Chief Justice William Rehnquist's in-box filled up with anxious notes from his colleagues. "Top priority at Cour...

  • Asbestos Tests Must Continue

    Asbestos Tests Must Continue

    Headline Legal News 08/19/2009

    Courthouse News reports that air tests for asbestos-like fibers must continue at a Minnesota mining plant because a 1975 order to do so has been folded into the state's environmental laws, the 8th Circuit ruled. Northshore Mining Co., a taconite proc...

New York Commercial Litigation Law Firm - Woods Lonergan PLLC

Founded in 1993 by Managing Partner James F. Woods, Woods Lonergan PLLC has built a strong reputation as a resourceful and industrious firm that provides clients with clear, concise, and straightforward answers to their most challenging legal issues. Partner Lawrence R. Lonergan, who joined the firm in 2008, has been a friend and colleague to Mr. Woods for over 40 years and shares the same business philosophy. Woods Lonergan PLLC’s collective experience and expertise enables the firm to expeditiously and effectively analyze the increasing challenges clients face in an evolving business and legal world, in many instances, avoiding unnecessary time and expense to our clients. Our mission is simple: provide cutting-edge expertise and sound advice in select areas of the law for corporate and business clients. We thrive on providing each client with personalized attention, forceful representation, and a collaborative team effort that embraces collective knowledge.

Business News

New York Adoption and Family Law Attorneys Our attorneys have represented adoptive parents, birth parents, and adoption agencies. >> read