Stanford Trust Class Action
Lillie, et. al. v. Stanford Trust Company, SEI Investments Company, Inc., SEI Private Trust Company, et. al.;
AFFIRMED by United States Court of Appeal for the Fifth Circuit, No. 19-30705;
DISMISSED by No. 3:13-cv-00150, United States District Court for the Middle District of Louisiana
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Court Documents:
5/14/2021: United States Fifth Circuit Court of Appeal Order affirming the District Court's Dismissal.
2/4/2020: Class Counsel files Appellant's Reply Brief with the United States Fifth Circuit Court of Appeal (Case No. 19-30705).
11/20/2019: Class Counsel files Original Appellant Brief with the United States Fifth Circuit Court of Appeal (Case No. 19-30705).
8/27/2019: Class Counsel files Notice of Appeal to the United States Fifth Circuit Court of Appeal of the district court's order dismissing the Class Action.
8/15/2019: United States Middle District of Louisiana denies Motion for Reconsideration of Ruling Dismissing Class Action
7/18/2019: Motion for Reconsideration of Ruling by Class Counsel; Attachments: Memorandum in Support of Motion for Reconsideration, Affidavit Declaration of Phillip W. Preis
7/9/2019: RULING AND ORDER: Plaintiffs' Motion for Dismissal of Summary Judgment or a Continuance is DENIED. SEI Investments Company and SEI Private Trust Company's Motion for Summary Judgment is GRANTED. Plaintiffs' remaining claims against SEI Investment Company and SEI Private Trust Company are DISMISSED with prejudice.
1/23/2019: Multi District Litigation ("MDL") Panel issued a preliminary Conditional Remand Order moving the Class Action to the Middle District of Louisiana. On 1/31/19, the MDL issued a final Conditional Remand Order moving the Class Action to the Middle District of Louisiana, and recognized that the Stanford Trust Class Action was the first Stanford related litigation that had been remanded out of the Northern District of Texas back to its originating court.
1/17/2019: Suggestion of Remand to the Middle District of Louisiana by Northern District of Texas Judge
8/13/2018: Pursuant to the Court's request, correspondence authored by Class Counsel in favor of remanding the Stanford Trust Class Action back to the Middle District of Louisiana
6/12/2018: Order issued by Judge Godbey setting Status Conference for July 27, 2018
10/6/2016: Plaintiffs' Notification to the Court advising that the Class Notice has been forwarded in compliance with the Court's September 28, 2016 Order and a Return Date of November 18, 2016 pursuant to the Class Notice .
9/28/2016: Order signed by Judge Approving Plaintiffs' Unopposed Motion to Issue Class Notice
9/23/2016: Plaintiffs' Unopposed Motion for Approval to Issue Class Notice
9/15/2016: Second Supplemental Joint Status Report filed by Parties relating to Class Notice
8/2/2016: Supplemental Order signed by Judge Godbey regarding Class Certification
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5/2/2016 : Order signed by Judge Godbey amending the state court order and certifies a class under Rule 23
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2/1/2013 : (FILED UNDER SEAL; Not Available on Website) First Amended and Restated Petition filed against SEI Investments Company and SEI Private Trust Company (SEI Investments Company and SEI Private Trust Company are collectively referred to as “SEI”), and insurers of SEI, which are Continental Casualty Company, Certain Underwriters at Lloyd’s, London, Indian Harbor Insurance Company, Nutmeg Insurance Company, Allied World Assurance Company (U.S.) Inc., and Arch Insurance Company (the “Insurance Company Defendants”, who along with SEI are referred to herein as “Defendants”)
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12/17/2012 : Judgment signed December 17, 2012 by Honorable R. Michael Caldwell granting Plaintiffs' Motion for Class Certification
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12/5/2012 : Transcript of Oral Reasons for Judgment on December 5, 2012 Granting Motion for Class Certification by Honorable R. Michael Caldwell
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8/20/2009 : Plaintiffs' Original Petition for Damages naming Stanford Trust Company, SEI, and OFI and First Amended Petition naming SEI Private Trust Company (in globo)
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