COV I SAL For Restitution   February 16, 2019 Rep. Maxine Waters, Chairwoman                                             Rep. Al Green, Chair U.S. House Committee on Financial Services Dems                Subcommittee on Oversight 2129 Rayburn House Office Building                                        and Investigation Washington, DC 20515                                         ...

COVi SAL For Justice & Restitution _____________________________________________________ Six years after Stanford Financial Group’s debacle – families receive pennies; US Receiver  and Joint Liquidators millions of dollars Today marks the six-year anniversary of the Stanford’s debacle that destroyed the lives of thousands of innocent families around the world when on February 17, 2009, the U.S. Securities and Exchange Commission (“SEC”), abruptly seized Stanford Financial Group worldwide. These families have watched with sadness while the possibility of receiving an economic relief that could mitigate their losses has all but vanished. The reality is that injustice continues for them as the U.S. Receiver and the Joint Liquidator generate fees and expenses for themselves, their attorneys, and other professionals - the sole beneficiaries so far, charging millions of dollars. Latin American families ar...