Lillie, et. al. v. Stanford Trust Company and the State of Louisiana through the Office of Financial Institutions
Docket # C- 581670, Nineteenth Judicial District Court, Parish of East Baton Rouge, State of Louisiana
The Honorable Donald R. Johnson presiding.
This Class Action was filed on August 20, 2009. The Class was certified by the State District Court as a class action on December 17, 2012. The Case is currently set to be heard by a jury in a trial beginning July 23, 2024.
The “Class,” as certified by the Court, consists of:
(i.) persons who purchased SIB CDs in Louisiana between January 1, 2007, and February 13, 2009;
(ii.) persons who renewed any SIB CD in Louisiana between January 1, 2007 and February 13, 2009; or
(iii.) any person for whom the Stanford Trust purchased SIB CDs in Louisiana between January 1, 2007 and February 13, 2009.