Robert Allen Stanford; James Davis; Gilberto Lopez; Stanford International Bank, Ltd.; Stanford Group Company; Stanford Capital Management; Stanford Financial Group Company; The Stanford Financial Group Building, Inc.

The U.S. Securities and Exchange Commission (SEC) obtained final judgments against Robert Allen Stanford and seven other defendants in a massive Ponzi scheme case. The defendants were ordered to pay billions of dollars in disgorgement, prejudgment interest, and civil penalties. The SEC's action resulted in the permanent injunction of antifraud provisions of the securities laws against all defendants, with significant consequences for the industry.