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Pennies for innocent families, millions for lawyers, in Stanford settlements

Pennies for innocent families, millions for lawyers, in Stanford settlements September 26, 2016 Jaime Escalona with family in Venezuela Austin, Texas ( rushPRnews ) 09/26/16 — COViSAL, a  coalition  of affected families in Latin America and around the world write an objection letter to the latest agreements in Stanford's case. September 23, 2016 Honorable David Godbey, U.S. District Court in Dallas; Civil action: 3:09-CV-0298-N We respectfully write to you in order to express our objection to the recent agreement reached by the U.S. Receiver and his attorneys, the Official Stanford Investors Committee, and the underwriters at Lloyd's of London. The continued delay in distribution from previous agreements has further frayed any trust the victims have in the Receiver and his attorneys. The saga drags on for thousands of families as they are forced to wait for money from the first agreements reached... https://rushprnews.com/2016/09/26/pennies-for-innocent-fa...

Objeción de COViSAL al acuerdo con Lloyd's of London y otros

COViSAL For Justice & Restitution _____________________________ 23 de septiembre, 2016 Clerk of the Court United States District Court Northern District of Texas 1100 Commerce Street Dallas, Texas 75242 ATN: Chambers of the Honorable David Godbey Civil actions: 3:09-CV-0298-N/3:09-CV-01736-N/3:13-CV-2226-N/ 3:15-CV-1997-N/ 3:14-CV-3731-N Respetuosamente le escribimos para expresar nuestra objeción al reciente acuerdo entre el Síndico de los Estados Unidos, sus abogados, el Comité Oficial de Inversionistas y, la aseguradora Lloyd’s of London. Los continuos atrasos de la distribución de previos acuerdos han desmoronado la poca confianza que tenían las víctimas en el Síndico y sus abogados. La saga se extiende para miles de familias a medida que se ven obligadas a esperar dinero de estos primeros acuerdos que se llevaron a cabo hace más de seis meses. Cuando el Stanford Financial Group fue intervenido por las autoridades estadounidenses en el 200...

COViSAL's objection to agreement with Lloyd's of London and others

COViSAL For Justice & Restitution _______________________________________________________________ S eptember 23, 2016 Clerk of the Court United States District Court Northern District of Texas 1100 Commerce Street Dallas, Texas 75242 ATTN: Chambers of the Honorable David Godbey Civil actions: 3:09-CV-0298-N/3:09-CV-01736-N/3:13-CV-2226-N/ 3:15-CV-1997-N/ 3:14-CV-3731-N We respectfully write to you in order to express our objection to the recent agreement reached by the U.S. Receiver and his attorneys, the Official Stanford Investors Committee, and the underwriters at Lloyd's of London. The continued delay in distribution from previous agreements has further frayed any trust the victims have in the Receiver and his attorneys. The saga drags on for thousands of families as they are forced to wait for money from the first agreements reached over six months ago. When Stanford Financial Group was seized by the U.S. authorities in 2009, the wo...

For a fistful of dollars two gangs continue to fleece innocent families

COViSAL For Justice & Restitution _______________________________________ For a fistful of dollars two gangs continue to fleece innocent families Wednesday, November 18, 2015 • Jaime Escalona speaking on behalf of COViSAL denounces millions of dollars in fees, and the fleecing of thousands of innocent families. • What’s been recovered by the US Receiver and Joint Liquidators during almost 7 years, goes to pay exorbitant attorneys’ fees and expenses. Until now, the only ones benefiting from the receivership and the liquidation of the Stanford Financial Group (“SFG”) and the Stanford International Bank Limited (“SIBL”), are the attorneys and their professionals. “It appears that they are purposely prolonging the legal process and litigation to continue generating millions of dollars in fees for themselves until the creditor’s patrimony is depleted," affirms Jaime Escalona, founder and leader of COViSAL, an international coalition of depositors...

Por un puñado de dólares dos bandas continúan desplumando a familias inocentes

COViSAL For Justice & Restitution _______________________________________ Por un puñado de dólares dos bandas continúan desplumando a familias inocentes Martes 17 de noviembre, 2015 • Jaime Escalona hablando en nombre de COViSAL denuncia millones de dólares en honorarios y, el desplumaje de miles de familias inocentes. • Lo qué han recuperado el Síndico de los Estados Unidos y los Liquidadores Conjuntos durante los últimos 7 años ha sido usado para pagar gastos y honorarios exorbitantes de los abogados. Hasta el momento, los únicos beneficiados de la administración judicial del Stanford Financial Group (“SFG”)  en Estados Unidos y la liquidación del Stanford International Bank Limited (“SIBL”) en Antigua, son los abogados y sus profesionales. “Pareciera que están prolongando a propósito el proceso legal y los juicios para continuar generando millones de dólares en honorarios y gastos para sí mismos, hasta consumir en su totalidad el patrimonio de l...