Banks Seek to Postpone Multibillion-Dollar Trial in Final Stanford Civil Case
One of the banks being sued for billions of dollars for allegedly aiding and abetting Houston financier R. Allen Stanford and his investment firm in a massive Ponzi scheme has asked a federal appeals court to stop the 13-year-old case from going to trial later this month. Lawyers for the four banks want the trial set for Feb. 27 in Houston to be postponed because they say the judge in the case has issued orders that are "rife with clear and indisputable errors."