Legal victory is bittersweet for local Stanford Group victim

Author Profile Image
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.

One of the few bright spots in the nearly 12-year effort by victims of The Stanford Group Ponzi scheme to recover some of their lost savings was the April ruling by a Texas arbitration panel ordering Pershing, a clearing firm for Stanford’s Houston-based brokerage, to pay $5.6 million in damages to a small group of

This article is only available to paid Insiders
Already an Insider? Sign in.

Comments (0)

From Our Partners

Daily Report Poll

ASK AI

Ask anything about Baton Rouge business