Sir Allen was served today with papers in the SEC case somewhere in Virginia.
Remember, no criminal case yet against Stanford. The SEC action is civil suit. Bloomberg had a good rundown this morning on the difference and on how the cases are likely to play out.
Late Update: They found him in the Fredericksburg, Virginia, area. He has surrendered his passport and retained DC criminal defense lawyer Brendan “I am not a potted plant” Sullivan as counsel, ABC reports.
