Stanford Bank Liquidators Dispute Predecessor’s $18 Million Fee
Stanford Bank Liquidators Dispute Predecessor’s $18 Million Fee
Oct. 12 (Bloomberg) — The firm originally appointed to wind up R. Allen Stanford’s bank charged $18 million in fees while recovering around $300,000 for victims of the fraud, according Grant Thornton LLP, the bank’s new liquidator which is seeking to have the bill reduced.
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