Daily Archives: February 27, 2009, 11:59 pm

Securities Docket News Wire for Feb. 27, 2009

Web Watch: Best Blog Posts and Columns For the Week Ending Feb. 27. http://is.gd/l9Jt # Court Again Allows Claims Against Parmalat Auditors to Proceed. http://is.gd/l97G # Stanford Investor Sues SEC for Seizing all Accounts Held at Stanford. http://is.gd/l6OR # Carpenter Moore Study Finds Financial Services Cos. Now Pay Highest D&O Premiums. http://is.gd/l5gH # SEC Testimony in Stanford Case Leads to…

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Thank You to Our Sponsors

Thank you to Securities Docket website sponsors Citizens Bank, Administar Services Group LLC, Alvarez & Marsal and BDO Consulting. Interested in becoming a Securities Docket sponsor? Click here. Citizens Bank is the only bank in the country with a specialized group for class action and regulatory settlements, serving law firms, regulators and claims administrators. Administar Services Group LLC, a Computershare…

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SEC Testimony in Stanford Case Leads to Fireworks

SEC testimony can sometimes be tedious and uneventful, but that certainly does not appear to have been the case with respect to the February 10, 2009, SEC testimony of Stanford Financial Group chief investment officer Laura Pendergest-Holt. Her testimony has been quickly followed by the lawyer for Stanford Financial withdrawing from the case altogether and “disaffirming” his prior statements to authorities, as well as her arrest yesterday by the DOJ for allegedly concealed her role in and familiarity with the Antigua bank’s investments during her SEC testimony.

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