Law360: “Bank Cuts $100M Deal With $24M Fees In Stanford Ponzi Fight”

The Law360 article “Bank Cuts $100M Deal With $24M Fees In Stanford Ponzi Fight” published on Feb. 7, 2023, details Court-appointed Receiver Ralph S. Janvey’s filing of a notice informing Texas federal judges of Trustmark National Bank’s proposed $100 million settlement with investors defrauded by Stanford International Bank and R. Allen Stanford. Click here to read more on Law360.com.

Trustmark was one of five banks sued for providing assistance to the fraudulent scheme. Fishman Haygood litigators Jim SwansonBen ReichardMolly WellsHogan Paschal, and Lara Richards represented the investors. Baker Botts and Castillo Snyder served as co-counsel. Read more here.