It has taken a while to get the message out across Latin America, and has been not helped by an extended New Year vacation that kept some families out of town. Stanford Bank investors in Latin America are now responding to the message that victims of the failed Stanford International Bank, a part of the Stanford Financial Group in receivership, must file administrative claims under the Federal Tort Claims Act against the Securities and Exchange Commission, before the deadline of 16th February 2011, after which claims are barred forever under the statute of limitations.
Any Stanford investors in Latin America who have not already filed a claim must consult their attorney without delay, or the attorney hired by the Stanford International Investors, Dr Gaytri Kachroo, of Kachroo Legal Services, Cambridge, Mass, who is experienced in submitting FTCA claims, having already done so for many Madoff investors. Contact: info@kachroolegal.com.
Allen Stanford is currently in detention in Houston awaiting trial on 23 counts of fraud.
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