This Notice is being sent pursuant to Article 592 of the Louisiana Code of Civil Procedure and Orders of the Nineteenth Judicial District Court for the Parish of East Baton Rouge, State of Louisiana (the “Court”), and pursuant to Louisiana law. Notice is being sent to inform you:
The record indicates that you or your IRA Account may have purchased a Stanford International Bank Certificate of Deposit ("SIB CD") through the Stanford Trust.
If you received this Notice via email or U.S. Mail after May 24, 2024, this Notice is directed to you because you may be a member of the Class. You are receiving this notice because the Stanford Trust may have purchased or renewed a SIB CD for your IRA account, pension plan or other trust account. If you are a member of the Class, your rights will be affected by this Action.
Please review the notice carefully, as there are certain deadlines approaching in the event you desire to opt out of the class action on or before June 25, 2024.
The Court has ordered Class Counsel and Defendants confer on issuing Class Notice to all potential Class members in accordance with Louisiana Code of Civil Procedure, and on May 21, 2024, the Court approved the Class Notice.
Click Here for copy of NOTICE ISSUED TO PUTATIVE CLASS MEMBERS