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Victim’s advocate group complains distribution is “pennies on the dollar.”
Stanford receiver attempts to recover $1.8 million in political donations.
Receiver objects to “blatant attempt to end run this court.”
The hits just keep coming on Ralph Janvey, the court-appointed receiver in the Stanford case.
Ralph Janvey (pictured), the receiver in the Stanford case, stated in a recent court filing that while the SEC apparently expected to recover as much as $1 billion in the Stanford case, only about $350 million of assets have been located. As a result, Janvey says, the SEC is now trying to reduce fees for […]
The bill for the court-appointed receiver and his attorneys in the SEC’s case against Marc S. Dreier is in. Mark Pomerantz said he expects to seek $150,000, while his counsel at Paul Weiss will ask for approximately $1.25 million for their four months of work. The NY Law Journal reports that Paul Weiss is accepting […]
The last day of 2008 will be an eventful one in the SEC’s civil case against Bernard Madoff that is now pending before Judge Louis L. Stanton of the SDNY. Beginning tomorrow, Judge Stanton will consider three important issues in the case, the NY Times reports. First, Judge Stanton will consider investor requests to broaden […]