Article: Stanford Financial Group Chief Investment Officer Charged with Obstruction of Justice.

M2 PRESSWIRE-16 July 2009-US Department of Justice: Stanford Financial Group Chief Investment Officer Charged with Obstruction of Justice(C)1994-2009 M2 COMMUNICATIONS

RDATE:16072009

WASHINGTON -- A federal grand jury in Houston returned a two-count indictment today charging Laura Pendergest-Holt, the chief investment officer of Houston-based Stanford Financial Group (SFG), with conspiring to obstruct a U.S. Securities and Exchange Commission (SEC) proceeding investigating SFG, as well as a substantive count of obstructing the SEC proceeding, Assistant Attorney General of the Criminal Division Lanny A. Breuer and acting U.S. Attorney for the Southern ...

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