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Join the Securities Litigation and Enforcement Group on LinkedInFive years after Stanford scandal, many victims penniless — CNBC
Five years after learning they were victims of a $7 billion Ponzi scheme, investors in the Stanford Financial Group say they feel abandoned, even though their losses rival those in the Madoff scam that was revealed two months earlier. via Five years after Stanford scandal, many victims penniless — CNBC
Securities Docket News Wire for February 15, 2014
Get caught up with the Securities Docket News Wire for February 15, 2014.
SAC Compliance Head Quits After Insider Cases Hit Firm – Bloomberg
SAC Capital Advisors LP, the hedge-fund manager that U.S. prosecutors have called a “veritable magnet for market cheaters,” said Chief Compliance Officer Steve Kessler is stepping down at the end of the month after nine years at the firm. via SAC Compliance Head Quits After Insider Cases Hit Firm – Bloomberg.