[NEWS] U.S. court voids $65 million settlement tied to Allen Stanford Ponzi scheme - Loganspace AI
(Reuters) - A federal appeals court on Monday threw out a settlement requiring insurers to pay $65 million to a court-appointed receiver for companies once run by Allen Stanford, the Texas financier serving a 110-year prison term for running a large Ponzi scheme. FILE PHOTO: Convicted financier Allen Stanford, who faces up to 230 years…
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