The court-appointed examiner and the Official Stanford Investors Committee have filed an objection to a motion filed by Gaytri Kachroo on behalf of the KLS Stanford Victims (Latin America).
Motions have also been filed by court-appointed receiver Ralph Janvey and the US Securities and Exchange Commission (SEC).
Examiner John J Little are responding to what they titled the "so called" KLS Stanford Victims, who are seeking to intervene in the ongoing assessment and handling of R Allen Stanford's assets, and also for appointment to the official committee.
The response is reprinted below in full, and also incorporates the responses of Janvey and the SEC.
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11 Comments In This Article
Stanford receiver, examiner, committee
Good for Gaytri Kachroo is the only one with a true and honest conviction.
Javiera
RE: Stanford Committee and Examiner File Objection
What specific victory did Kachroo achieve for any single Madoff victim? I've read that she settled with the US Government and the SEC? Do you or anyone else know the particulars of these claims?
Inquiring mind
Stanford Committee and Examiner File Objection
international invest
RE: Stanford Committee and Examiner File Objection
pellucid
RE: Stanford Committee and Examiner File Objection
Hopefully Judge Hittner has some legal authority to force Kachroo to pay costs involved in fighting their frivolous motion.
Good Job Bob
RE: Stanford Committee and Examiner File Objection
I believe your assertion that Ms Shaw will not be made whole through SIPC cover is incorrect, at least from the communications I have been made privy to. Also my understanding of why these International victims became so angry, was because Ms Shaw maintained she was working for all victims and everyone would benefit from SIPC cover which was clearly not the case.
The whole issue is very sad and Antigua is a casualty of Stanford just like the victims.
Spin Doctor
RE: Stanford Committee and Examiner File Objection
I know some of the victims involved in this and Ms kachroo was approached by a group of international victims dissatisfied with how Janvey and the committee of lawyers were performing. She took on the case after examining the operation of the committee and believing there was a case to be made against them.
As for my description of Ms Shaw how would you describe a person who started the hateful "Anti-Crime, Anti-Antigua" campaign which had the sole purpose of causing as much damage as possible to Antigua's economy and reputation as possible?
Ms Kachroo's solicitation of clients as you call it was what any lawyer would do, she needed to ** how many people were interested in taking a law suit against the SEC, and if there were sufficient to cover her costs. Again it was the international victims who approached her as a result of her experience with the Madoff case.
Spin Doctor
RE: Stanford Committee and Examiner File Objection
Antiguan Abroad
RE: Stanford Committee and Examiner File Objection
really latin?
RE: Stanford Committee and Examiner File Objection
I guess anybody who dares to question the obscene profits made by the receiver and and the lawyers are going to be in the firing line, especially if they objected to Ms Shaw's hate campaign against Antigua and the ridiculous law suit brought against our country.
At least KLS and these victims have the courage to stand up to the American bullies. I wish them luck but I fear the Americans will do what they always do, take care of themselves and castigate anyone who dares to question their motives.
Spin Doctor
RE: Stanford Committee and Examiner File Objection
In an article printed in Caribarena on March 22, 2011 related to this attorney's solicitations, I had advised against anyone paying Ms. Kachroo a fee (other than a standard contingency arrangement) for her legal representation in this case. But it seems some people might have taken the bait and done exactly that (based on details in the attached lawsuit.....)
Antiguan Abroad
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