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Stanford Receiver Seeks Millions from Prominent Political Advisers

February 9, 2015 Mark Curriden

By Michael Lindenberger of The Dallas Morning News

(Jan. 9) – A federal trial began Monday in Dallas in which Dallas attorney Ralph Janvey, the court-appointed receiver in the Allen Stanford financial fraud case, seeks to force several political officials to return the fees they were paid as advisers.

Ralph Janvey
Ralph Janvey
Janvey is seeking to claw back millions from President Bill Clinton’s former drug czar and former Houston Mayor Lee Brown, former Lt. Gov. Ben Barnes and Peter Romero, former U.S. ambassador to Ecuador.

The first of a series of trials is underway before U.S. District Judge David Godbey.

“This is such an important case, really out of proportion to the dollars involved,” said Kevin Sadler, a partner at Baker Botts who represents Janvey in the trial. “Sure, a million dollars is still a million dollars, but the real importance is that there are many defendants lined up behind him. We know that they have their eye on this case closely.”

Romero’s attorney Lawrence Bowman of Dallas said it’s tragic that after a lifetime of public service, his client is being sued for money he earned in good faith over seven years.

“Peter Romero is an honorable man,” said Bowman, a partner in the Dallas office of Kane, Russell, Coleman & Logan. “He spent 26 years in the foreign service and was highly decorated, highly honored. He provided Allen Stanford advice and did nothing wrong.”

For a longer version of this article, please visit www.dallasnews.com/business/headlines.

Mark Curriden

Mark Curriden is a lawyer/journalist and founder of The Texas Lawbook. In addition, he is a contributing legal correspondent for The Dallas Morning News.

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