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More maneuvering in massive lawsuit against Louisiana over Stanford Trust Ponzi scheme

Por: The Advocate Crime November 19, 2023

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Attorneys have in a class-action lawsuit filed against Louisiana regulators by 900 investors who lost their retirement savings in a multi-billion dollar Ponzi scheme. Six months ago, a Baton Rouge judge ordered the law firm representing the Louisiana Office of Financial Institutions to get depositions done by Oct. 30. On Thursday, attorneys for the state regulatory agency asked for more time to depose the court-appointed receiver now handling... + full article



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