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U.S. Justices Divided In Allen Stanford Ponzi Scheme Case

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October 07, 2013 AT 12:55 PM
WASHINGTON (Reuters) - On the first day of its new term on Monday, the U.S. Supreme Court appeared divided over whether lawyers, insurance brokers and others who worked with convicted swindler Allen Stanford could avoid lawsuits by investors seeking to recoup losses incurred in his $7 billion Ponzi scheme.