Spencer Barasch, 54, of Dallas, and the U.S. Attorney’s Office for the Northern District of Texas have entered into a settlement agreement today resolving federal conflict of interest allegations arising from Barasch’s representation of Stanford Financial Group, announced Eastern District of Texas U.S. Attorney John M. Bales. Barasch has agreed to pay a fine of $50,000, which is the maximum civil fine amount for a violation of 18 U.S.C. 207.
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