Weary of waiting years for a court-appointed receiver to finish his job securing millions in assets connected to R. Allen Stanford’s $7 billion dollar Ponzi scheme through federal court litigation, some of the imprisoned financier’s victims would like to pursue their claims in Texas state courts.
But for the second time, the U.S. Court of Appeals for the Fifth Circuit has refused to grant a plaintiff’s request to lift a litigation stay imposed over them five years ago by U.S. District Judge David Godbey of Dallas.
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