Corporate, Securities & Antitrust News
7/1/2009 10:45:02 AM EST
Judge revokes bond for Texas financier Stanford
HOUSTON – (AP) Texas financier R. Allen Stanford could spend up to the next year in jail awaiting his trial on charges he allegedly swindled investors out of $7 billion.
In a written order, U.S. District Judge David Hittner ruled Tuesday that Stanford is a "serious flight risk" and granted a request by … Full version (available to lexis.com subscribers) Create an account or login to post comments.