Content Tagged As stanford

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  • Vitter wants clean slate of overseers after Ponzi victims get no help

    July 18, 2014 2:55 PM

    BATON ROUGE- In another blow to people who lost around $1 billion in a Ponzi scheme, the SEC lost its appeal to recoup money for victims of R. Allen Stanford. Stanford was convicted and sentenced in 2012 of using investors money to fund companies that went out of business.... more »
  • Program-best score lifts LSU gymnastics to regional championship

    April 6, 2014 12:05 AM

    BATON ROUGE - Looking to make a statement after a disappointing SEC championship finish, the LSU gymnastics team posted its best score in program history as the Tigers won the NCAA regional championship on Saturday. LSU scored a 198.325 - more than a full point ahead of second place... more »
  • Program-best score lifts LSU gymnastics to regional championship

    April 6, 2014 12:05 AM

    BATON ROUGE - Looking to make a statement after a disappointing SEC championship finish, the LSU gymnastics team posted its best score in program history as the Tigers won the NCAA regional championship on Saturday. LSU scored a 198.325 - more than a full point ahead of second place... more »
  • Program-best score lifts LSU gymnastics to regional championship

    April 6, 2014 12:05 AM

    BATON ROUGE - Looking to make a statement after a disappointing SEC championship finish, the LSU gymnastics team posted its best score in program history as the Tigers won the NCAA regional championship on Saturday. LSU scored a 198.325 - more than a full point ahead of second place... more »
  • Major road projects almost complete

    August 7, 2013 10:32 PM

    BATON ROUGE- Two major road projects could be over in the next few weeks. Lee Drive and Stanford Avenue are under construction. Lee has been closed twice to traffic entirely. Stanford, the listed detour when Lee is closed, has not been paved since crews removed the asphalt weeks ago.... more »
  • Southdowns parade to close parts of Stanford Avenue, Perkins Road Friday

    February 7, 2013 2:43 PM

    Baton Rouge- Portions of Stanford Avenue and Perkins Road in Baton Rouge will be closed due to the Southdowns Mardi Gras Parade Friday evening. This is in addition to residential streets in the Southdowns neighborhood. Stanford from Hyacinth Avenue to Perkins Road will be closed from 8 p.m.... more »
  • High court may block Stanford investor lawsuits

    January 18, 2013 9:47 PM

    WASHINGTON - The Supreme Court will hear an appeal that seeks to shut down class-action lawsuits from investors who lost billions in a massive Ponzi scheme orchestrated by convicted former Texas tycoon R. Allen Stanford. The justices on Friday said they would review appeals court rulings allowing the suits to... more »
  • Stanford athletics awarded Directors Cup

    June 27, 2012 9:00 AM

    STANFORD, CA - Stanford has extended its unprecedented run of overall athletic dominance. The prestigious academic university won its 18th straight Directors' Cup on Tuesday. The award is presented annually by the National Association of Collegiate Directors of Athletics to the nation's top overall athletic program. Stanford finished... more »
  • Stanford Cardinal beats Minnesota

    March 30, 2012 8:58 AM

    Stanford's young guards Chasson Randle and Aaron Bright each scored 15 points, and the Cardinal routed Minnesota 75-51 to win the NIT title. Bright was named the NIT's most outstanding player. Stanford forced two turnovers to open the second half to take a 10-point lead and stayed up by double... more »
  • Jury backs US claim to $330M in Stanford accounts

    March 8, 2012 2:16 PM

    HOUSTON (AP) - A jury has ruled that U.S. authorities can try to seize $330 million from foreign bank accounts controlled by convicted Texas fraudster R. Allen Stanford. The Houston federal court jury determined Thursday that there was sufficient evidence that the frozen funds were among the $7 billion investors... more »
  • Investors: Stanford verdict won't restore losses

    March 7, 2012 7:17 AM

    HOUSTON - Investors taken in by Texas tycoon R. Allen Stanford are expressing relief after a federal jury convicted the ex-financier on charges he bilked them out of more than $7 billion in a 20-year Ponzi scheme. But they say the verdict won't do much to make up for what... more »
  • Stanford found guilty on 13 of 14 charges in Ponzi scheme

    March 6, 2012 11:54 AM

    HOUSTON- A jury in Texas found financier R. Allen Stanford on 13 of 14 charges in a $7 billion Ponzi scheme. Jurors have been deliberating since last Wednesday. Defense attorneys say Stanford made money for investors who bought certificates of deposit from his Caribbean bank. Prosecutors contend that Stanford... more »
  • Jury reaches verdict in financier Stanford's trial

    March 6, 2012 11:39 AM

    HOUSTON- A federal jury has reached a verdict in the Houston fraud trial of jailed Texas tycoon R. Allen Stanford. U.S. District Judge David Hittner says the jury's verdict on charges Stanford bilked investors out of $7 billion in a massive Ponzi scheme would be announced later Tuesday. Jurors have... more »
  • Prosecutor: Stanford flushed away investor funds

    February 29, 2012 11:27 AM

    HOUSTON- A federal prosecutor says Texas tycoon R. Allen Stanford flushed away investor funds on yachts and businesses that were money pits as part of a massive Ponzi scheme. Prosecutor William Stellmach said Wednesday that Stanford lined his pockets "with billions of dollars of other people's money" as closing arguments... more »
  • Jury chosen in trial of Texas financier Stanford

    January 24, 2012 2:32 PM

    HOUSTON - A jury has been chosen in the trial of jailed Texas financier R. Allen Stanford, who is accused of bilking investors out of $7 billion in a massive Ponzi scheme. The panel of 12 jurors and three alternates was chosen Tuesday in Houston federal court. Prosecutors... more »
  • BRPD: DNA clears suspect of attack Play Video

    December 8, 2011 6:13 PM

    BATON ROUGE - DNA evidence linked Allan Hernandez to a rape on Stanford, but it cleared him of an attempted rape on Lee Drive, according to Baton Rouge Police. Detectives thought Hernandez may have been responsible for both attacks because they happened in a similar manner: a man walked... more »
  • Sketch of wanted rapist released Play Video

    December 1, 2011 1:13 PM

    BATON ROUGE - BRPD released a sketch Thursday of the rapist authorities believe committed two assaults in the LSU area over the past two weeks. The suspect is described as an Hispanic male in his 20's, 5'5"-5'8", thin to medium build, wavy hair, driving an older model, maroon or... more »
  • Apartment residents on edge after rapist warning

    November 30, 2011 6:39 PM

    BATON ROUGE - People living near LSU's campus told News 2 they're on edge after two attacks on young women in the area. Sgt. Don Kelly said a woman was raped early Tuesday morning outside her Stanford Avenue apartment. The suspect matched the description of another attack a week... more »
  • Judge acquits ex-Stanford employees in shred case

    February 12, 2010 2:17 PM

    A federal judge ordered the acquittal of two former employees of disgraced financier Allen Stanford on charges that they illegally shredded thousands of company documents. U.S. District Judge Richard W. Goldberg cited insufficient evidence Friday in Miami in the case against ex-Stanford employees Thomas Raffanello and Bruce Perraud. The judge's... more »
  • Lady Tigers move up in national poll

    November 17, 2009 10:34 AM

    The LSU women's basketball team moved up two spots to No. 7 in the latest Associated Press Top 25 Poll, following a 92-19 win over Centenary in its season opener. The top three teams in this week's poll remained the same with Connecticut in first place, followed by Stanford... more »
  • Stanford gets ill during court hearing

    October 14, 2009 4:44 PM

    Allen Stanford, the man accused of bilking investors out of $7 billion, became ill during a court hearing in Houston and wiped blood away from his mouth. His attorney blamed the condition on stress Stanford feels from being held in solitary confinement. Stanford was in court to set a trial... more »
  • Stanford back in lockup after jail fight

    September 28, 2009 9:03 AM

    Texas financier R. Allen Stanford was returned to a lockup in Conroe, Texas after being hospitalized for treatment of a concussion following a jail fight. His court-appointed attorney told the Associated Press that Stanford was injured in a fight on Thursday with another inmate at the Joe Corley Detention... more »

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