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Sep 12, 2022 · The U.S. Court of Appeals for the Fifth Circuit affirmed a district court's $125 million judgment against Colorado billionaire Gary Magness for his role in the Stanford International Bank's...
Dec 13, 2021 · The Supreme Court declined to review a federal appeals court decision that Gary Magness must pay back at least $79 million for money he received as part of Stanford's Ponzi scheme.
- dgill@bloomberglaw.com
- Reporter
In a consolidated appeal to this court, Magness challenged the district court's award of prejudgment interest, costs, and attorneys' fees. Before our decision on the appeal, the Supreme Court on December 13, 2021, denied Magness's petition to review this court's liability judgment.
Oct 8, 2020 · The receiver handling the aftermath of Stanford's $7 billion Ponzi scheme won a $123 million judgment against Gary Magness following a state court's determination that the billionaire should've suspected fraud when he received a $79 million transfer from Stanford's insolvent bank.
Jan 13, 1997 · (FORTUNE Magazine) – Bob John Magness, chairman of TCI, died of cancer on November 15, leaving an estate that included loads of TCI and Liberty Media's "B" stocks--a pile worth more than $600...
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