R. Allen Stanford

2 LOCAL ADVISERS TARGETS OF SUIT

A court-appointed receiver is trying to get back the $11 million paid to two veteran financial advisers when they opened a Baltimore affiliate of Stanford Financial Group, saying the money rightfully belongs to clients the government alleges were defrauded in an extensive Ponzi scheme.

Ralph S. Janvey, the receiver overseeing the Stanford businesses, is suing Christopher C. Aitken and Stephen L. Thacker in federal court in Dallas for payments the suit says "constitute fraudulent transfers." The two men, who left jobs at Smith Barney, received the money in November. Three months later, the Securities and Exchange Commission accused the parent company's chairman of...

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