» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome > Name & Property Search
Search results for 'James Davis' | Search again
DeSoto Public Records:339
Shelby Public Records:1140
Editorial:100
West Tennessee:426
Middle Tennessee:2351
East Tennessee:1404
Other:82

You must be a subscriber to see the full results of your search.

Please log in or subscribe below if you are not already a subscriber.

The Daily News subscribers get full access to more than 13 million names and addresses along with powerful search and download features. Get the business leads you need with powerful searches of public records and notices. Download listings into your spreadsheet or database.

Learn more about our services | Search again


Editorial Results (free)

1. Harris Files Ford Challenge at Deadline -

Memphis City Council member Lee Harris is challenging Democratic state Sen. Ophelia Ford in the August primary for District 29, the Senate seat held by a member of the Ford family since 1975.

2. Brown’s Contempt Hearing Reflects Political Skirmish -

Joe Brown’s bid to unseat District Attorney General Amy Weirich in the 2014 elections probably wasn’t supposed to begin this way – in a courtroom dispute with Juvenile Court that has nothing to do with Weirich.

3. Sissy’s Log Cabin to Open in Laurelwood -

Arkansas-based retailer Sissy’s Log Cabin is coming to Laurelwood Shopping Center.

The store will move into newly created space between James Davis and Talbots Petites. It will offer custom jewelry design, onsite designer watch and jewelry repair, diamond jewelry, engagement and bridal rings, designer lines and a space designed exclusively for Rolex.

4. Sissy’s Log Cabin to Open in Laurelwood -

Arkansas-based retailer Sissy’s Log Cabin is coming to Laurelwood Shopping Center.

The store will move into newly created space between James Davis and Talbots Petites. It will offer custom jewelry design, onsite designer watch and jewelry repair, diamond jewelry, engagement and bridal rings, designer lines and a space designed exclusively for Rolex.

5. Criminal Justice Issues Likely to Dominate Races -

Expect to hear a lot between now and August about how the local criminal justice system does or does not work.

With Thursday’s filing deadline for candidates in the May 6 county primaries, two races for offices that are part of the system advanced to the August ballot.

6. Butler Sevier Law Firm Expands Downtown -

Butler, Sevier, Hinsley & Reid PLLC law firm has expanded its presence at 88 Union Ave.

7. Playoffs Implications -

The calendar says the Dallas Mavericks will be at FedExForum to play the Memphis Grizzlies on Wednesday, Feb. 5. Just one game of 82 in the coast-to-coast marathon that is the NBA season.

But it’s a game that has the potential to weigh heavily on the Grizzlies’ ultimate playoff fate. The Mavericks come in sitting in the eighth and final playoff position in the Western Conference with a record of 28-21.

8. Tennessee Senate Race Draws Interest -

The two statewide races on the 2014 Tennessee ballot drew immediate interest as the filing period for prospective candidates opened late last week.

Democrat Gary Gene Davis of Nashville picked up a qualifying petition for the U.S. Senate race, according to the Tennessee Secretary of State’s website. So did Republican Joe Wilmoth of Baxter and independent candidate Joshua James of Murfreesboro.

9. Commission Appoints Avant To School Board, Keeps Shafer As Budget Chair -

Shelby County Commissioners appointed Shante Avant, a mother who has worked for the Women’s Foundation and other local nonprofits for 17 years, as the newest members of the countywide school board.

10. Commission Appoints Avant To School Board, Keeps Shafer As Budget Chair -

Shelby County Commissioners appointed Shante Avant, a mother who has worked for the Women’s Foundation and other local nonprofits for 17 years, as the newest members of the countywide school board.

11. County Commission to Fill School Board Vacancy -

Shelby County Commissioners bring the countywide school board up to its full strength of seven members Monday, Sept. 9, by appointing someone to the open District 6 seat.

The commission meets at 1:30 p.m. at the Vasco Smith County Administration Building, 160 N. Main St.

12. Frost Bake Shop Ready to ‘Engineer Cakes’ -

All American Sweets was the confection of chef Bill Kloos Jr., who moved from St. Louis to Memphis to take over the operation of Yia-Yia’s Euro Café and later would go on to open Fleming’s Prime Steakhouse and Wine Bar.

13. Mean Streets -

Alabama’s Nick Saban can walk anywhere he wants in the Southeastern Conference – college football’s roughest neighborhood – and no one can lay a finger on him.

His teams have won the national championship in three of the last four years. Overall, SEC teams have won the title seven consecutive years and the league is a dream destination for head coaches – until it turns into a grinding, weekly nightmare.

14. Ady Joins Ballet Memphis as Ballet Master -

James Ady has joined Ballet Memphis as ballet master. In his new role, Ady will teach morning technique classes, assist with community outreach programs, and rehearse and coach dancers for upcoming performances.

15. Fairgrounds Events Grow as Klan Protest Nears -

As Memphis Police have been planning in preparation for the Saturday, March 30, Ku Klux Klan demonstration at the Shelby County Courthouse, the Mid-South Fairgrounds has been a busy place for organizers of several alternatives to the Klan protest including a “Heart of Memphis” gathering there.

16. Changeover -

It was almost 40 years ago, but Nancy Smith remembers the one year the men’s pro tennis tournament was held at the Mid-South Coliseum; her father had box seats. But even more memorable is that not long after the tournament moved to The Racquet Club of Memphis, a young and unknown Czech player came to town and, in that far simpler time, stayed at her parents’ house.

17. Nonprofit Tech Innovators Inspire New Philanthropy -

WASHINGTON (AP) – Scott Harrison knows his charity has funded nearly 7,000 clean water projects in some of the poorest areas of the world in the past six years. How many of those wells are still flowing with drinking water months or years later, though? That's a tough question to answer.

18. Christmas Spirit -

Through Friday, Nov. 30, Memphians will be dropping off toys and cash donations at Bud Davis Cadillac in East Memphis for a special purpose.

It’s part of the 2012 WRVR Toy Truck, presented by BancorpSouth Inc., and it’s one of the largest events and fundraisers each year benefiting Porter-Leath, an organization that focuses on at-risk children and families.

19. Gatewood Named Marketing Dir. At Methodist Healthcare -

Megan Gatewood has been promoted to marketing director at Methodist Healthcare. In her new role, Gatewood is responsible for developing and overseeing marketing strategies for Methodist’s adult hospitals, outpatient services and physician practices.

20. Warmath Nears 50 Years At Allen & Hoshall -

James “Jim” D. Warmath is approaching 50 years of service at Allen & Hoshall engineering firm. He began as a draftsman after seeing an advertisement for the job. Today he is project manager in the electric utility department.

21. Financier Stanford Convicted in $7 Billion Fraud -

HOUSTON (AP) – Texas tycoon R. Allen Stanford, whose financial empire once spanned the Americas, was convicted Tuesday on all but one of the 14 counts he faced for allegedly bilking investors out of more than $7 billion in massive Ponzi scheme he operated for 20 years.

22. Irving Leads Research Co. Animal Cell Therapies -

Adam M. Irving is chief executive officer of San Diego-based Animal Cell Therapies Inc., a company that develops stem cell treatments to treat a variety of ailments for animals. Irving is based in Memphis.

23. Memphian Testifies Against Financier Stanford -

HOUSTON (AP) – A former employee for Texas financier R. Allen Stanford says a farm hand and a preacher were among unqualified workers hired as financial analysts in one of Stanford's offices.

24. Chart-Based Trading Behind Big Market Swings -

NEW YORK (AP) – Support levels. Moving averages. Breakouts.

That strange language is being spoken more forcefully on Wall Street these days. It is the language of technical trading, which is helping to drive recent wild gyrations in stock prices.

25. GCT Brings Dahl’s ‘Craziness’ to Stage -

Germantown Community Theatre will finish off its summer children’s productions with a celebration of magic, insects and childlike whimsy.

Roald Dahl’s “James and the Giant Peach,” opening July 29, offers a family-friendly look into the imaginations of children and the way child actors manage a show all their own.

26. ‘In This Together’ -

For some Memphis consumers, it’s a completely natural impulse to go out of the way to keep from going far away when there’s money to spend. Those particular consumers will run over a TCBY to get to YoLo, shove past a Starbucks to get their caffeine fix at Otherlands, Republic or Cafe Eclectic, hop over an IHOP to stand in line at Brother Juniper’s and dodge Dillard’s to suit up at shops like Oak Hall and James Davis.

27. Takeuchi Joins Memphis Veterinary Specialists -

Dr. Ai Takeuchi has joined Memphis Veterinary Specialists and PetMed Emergency Center as the facility’s first hospitalist.

Hometown: Kugenuma, Japan, but I grew up in Trinidad, U.S., Indonesia and Singapore as well.
Education: University of Pennsylvania, VMD; Mount Holyoke College, BA
Family: I am in Memphis with my husband, Chris, and my son, Aiden, who is almost 4 months old. We have a dog named Bovie and three cats: Rex, Mika and Lailee.
Activities you enjoy outside of work: Eating good food; I’m a foodie and love trying new restaurants. I also love to cook, horseback ride, read books and go on hikes or long walks with the family and our dog, Bovie.
Who has had the greatest influence on you? My mom had the most influence over me. She was a “Tiger Mom” and raising me in different countries while upholding cultural traditions must have been a challenge. She always pushed me to excel and I wouldn’t be where I am today without her support.
Why did you pursue a career as a veterinarian? At the age of 4, I went from wanting to be a bus driver to a veterinarian. I’ve always loved animals, and taking care of them is my dream job. They have no voice of their own and need someone to champion for them and take their interests at heart. They are all innocent little souls that need someone to watch over them.
What drew you to Memphis Veterinary Specialists? I wanted to work with boarded specialists who offered the highest level of medicine available. I enjoy emergency work as well as the challenges of complicated cases. It is imperative that I can give my clients a variety of medical options, including seeing a premier specialist.
What do you consider your greatest professional accomplishments? Whenever I can say I helped a family cope with their pet’s illness and was able to ease both their pain and help their pet. That is a great accomplishment for me.
What do you most enjoy about your work? Making a difference in an animal’s life and their family’s life. Being able to bring comfort to both the pet and the family makes my job fabulous. Even if the diagnosis is not a good one, at least I can answer their questions and help them make the right decision for their family.

28. Baker Donelson Attorneys Named Super Lawyers -

Twenty-two attorneys from the Memphis office of Baker, Donelson, Bearman, Caldwell & Berkowitz PC have been named to the 2010 Mid-South Super Lawyers.

The attorneys are Ben C. Adams, Mary L. Aronov, Leo M. Bearman Jr., Sam B. Blair Jr., Michael B. Chance, E. Franklin Childress Jr., Angie C. Davis, Robert J. DelPriore, Gregory G. Fletcher, William H.D. Fones Jr., Grady M. Garrison, Stephen D. Goodwin, James R. “Josh” Hall Jr., Matthew S. Heiter, George T. “Buck” Lewis III, Robert C. Liddon Jr., Eugene J. Podesta Jr., Jackie G. Prester, Jill M. Steinberg, Buckner Wellford, Maurice Wexler and Edward R. Young.

29. Grubb & Ellis’ deWitt Appointed To MAAR Commercial Council -

Greg deWitt of Grubb & Ellis Co. has been appointed to the Memphis Area Association of Realtors Commercial Council. He will take over one of the council’s director seats next year before becoming the council’s vice president in 2012.

30. Obama Overtures to Business Fall Flat -

WASHINGTON (AP) – Labeled antibusiness by Republicans and some corporate chiefs, President Barack Obama mounted a campaign to show he wasn't. But his charm offensive has hit a rocky patch.

Business leaders gripe about burdensome new financial and health care regulations, what they see as unfriendly tax policies and vast government spending. They were put off by Obama's harsh depiction of "fat cat bankers" and "reckless practices," a label he applied both to Wall Street and to oil-spill giant BP.

31. Circumstantial Evidence? -

Literature and history buffs often have questioned whether William Shakespeare is a true historical figure or simply a pseudonym.

But members of the legal profession have become interested in the subject as well, focusing on the debate from an evidentiary perspective.

32. Events -

The Center for Southern Folklore will host a free performance by singer and guitarist James Bonner today from noon to 1 p.m. at the center, 123 S. Main St. For more information, call 525-3655.

33. Events -

Talk Shoppe will present “Open Microphone” Wednesday from 9 a.m. to 10 a.m. at the Better Business Bureau of the Mid-South, 3693 Tyndale Drive. For more information, call Jo Garner at 482-0354.

34. Events -

Talk Shoppe will present “Open Microphone” Wednesday from 9 a.m. to 10 a.m. at the Better Business Bureau of the Mid-South, 3693 Tyndale Drive. For more information, call Jo Garner at 482-0354.

35. Journalist Who Helped Spark Madoff Downfall to Speak Tonight in Memphis -

To the financier blessed with what looked like the Midas touch, she was “that idiot woman from Barron’s.”

What earned financial journalist Erin Arvedlund that scornful crack from Bernie Madoff was an article she wrote for Barron’s magazine about eight years ago. Headlined “Don’t Ask, Don’t Tell” and based on more than 100 interviews, it was one of the first news stories to question the inexplicable way Madoff’s hedge fund empire made money hand over fist.

36. Stanford Receiver to Investors: Don’t Expect Much Back -

Under the most optimistic scenario, as much as 20 cents on the dollar could be returned to victims of the investment fraud that brought down Stanford Financial Group.

That’s among the findings in a status report filed in the Texas court where federal regulators are trying to prove Stanford was a financial house of lies built on an illusion of wealth. The status report was prepared by Dallas attorney Ralph Janvey, the court-appointed receiver whose team is mopping up what’s left of the network of assorted companies under the Stanford nameplate.

37. UTHSC College of Medicine Names Smith Interim Dean -

J. Lacey Smith has been named interim dean for the College of Medicine at the University of Tennessee Health Science Center.

Smith currently serves as the associate dean of clinical affairs for the College of Medicine and the chief medical officer and executive vice president for UT Medical Group Inc.

38. After the Fall: The messy cleanup of Stanford Financial -

R. Allen Stanford, the Texas billionaire now passing time in a Texas jail for his role in what U.S. regulators have called a “massive Ponzi scheme,” once told a roomful of his employees they ought to have three priorities in life.

39. Opposition To Stanford Receiver’s Fee Request Mounts -

This story is just one of hundreds of news stories and blog entries that have been written almost daily about the Stanford Financial Group investment scandal.

A public relations firm eventually will gather all of the Stanford media reports on behalf of the court-appointed receiver who’s in charge of what’s left of Stanford’s international business network. Those media reports will be printed, assembled and bound into a hard copy collection.

40. Stanford Receiver Wants Money Back from Advisers – Including Stanley -

The court-appointed receiver in charge of what remains of jailed Texas financier R. Allen Stanford’s business is going after money former Stanford advisers made from selling bogus certificates of deposit.

41. Plea Deal Reveals New Details About Swindle Case -

HOUSTON (AP) – The former finance chief for jailed Texas financier R. Allen Stanford said his boss created a business empire where blood oaths were taken to secure loyalty, bribes were paid from a secret Swiss bank account and investor profits were more fiction than financial genius.

42. Events -

Dr. Buzz Aldrin will discuss and sign his book “Magnificent Desolation” today from 5 p.m. to 7 p.m. at Davis-Kidd Booksellers, 387 Perkins Road Extended. For more information, call 683-9801.

43. Accused Financier Stanford Hospitalized -

HOUSTON (AP) – Texas financier R. Allen Stanford, jailed on charges of bilking investors out of $7 billion, has been hospitalized with an irregular heartbeat and high pulse, the judge in his case said Thursday.

44. Runaway Receiver at Odds With SEC in Stanford Case -

DALLAS (AP) – The attorney who’s supposed to clean up what the government says was Texas businessman R. Allen Stanford’s multibillion-dollar Ponzi scheme is managing to anger just about every party involved in the case.

45. Feds Try to Halt Civil Case Against Stanford -

The U.S. Department of Justice wants a federal judge in Texas to put the brakes on the first stages of a civil fraud case filed in February against Texas financier R. Allen Stanford and several former subordinates.

46. Attorney Says Stanford CFO Makes Plea Deal -

HOUSTON (AP) - The former chief financial officer of indicted Texas financier R. Allen Stanford's business empire will plead guilty to charges alleging he helped swindle investors out of $7 billion, his attorney said Wednesday.

47. Billionaire Stanford Pleads Not Guilty To Fraud -

HOUSTON (AP) – Texas billionaire R. Allen Stanford pleaded not guilty Thursday to charges he swindled investors out of $7 billion as part of a massive investment scam.

Stanford entered his plea during his arraignment in federal court. Authorities have alleged that Stanford used his international banking empire as a pyramid scheme, which typically operates by paying off earlier investors with money collected from later investors.

48. Stanford Receiver Relentless On Legal Fees -

When the court appointee in charge of what’s left of Stanford Financial Group asked a judge’s permission last month to pay invoices of almost $20 million for the work he’s done so far, it wasn’t a popular request.

49. More Details Emerge After Stanford Indictment -

Federal prosecutors and financial regulators have unveiled new civil and criminal charges against disgraced Texas financier Allen Stanford and several former subordinates.

The charges include new details about the case against Stanford made public four months ago when regulators put the powerfully built Texan at the center of an alleged $8 billion investment fraud.

50. Bill Supporting Gore Statue Fails in Tenn. -

NASHVILLE, Tenn. (AP) - Senate Republicans on Tuesday rejected a resolution urging the erection of statues to honor the state's two Nobel Peace Prize winners, Al Gore and Cordell Hull, on Tennessee Capitol grounds.

51. Stanford Attorneys Bail On Humbled Financier -

Several attorneys working for the billionaire namesake of Stanford Financial Group have filed notice with a Texas court of their intent to withdraw from the case.

Meanwhile, Stanford’s former chairman, R. Allen Stanford, has another opponent chomping at the bit to enter the latest legal fray against him: his estranged wife, Susan.

52. Holt First In Stanford Financial Trio To Be Indicted -

The chief investment officer for Texas financier Allen Stanford’s business empire before regulators shut it down three months ago is now the first Stanford executive indicted after a sweeping probe of the organization.

53. First Indictment In Stanford Financial Probe Names Holt -

The chief investment officer for Texas financier Allen Stanford’s business empire before regulators shut it down three months ago is now the first Stanford executive indicted after a sweeping probe of the organization.

54. Stanford Receiver Details Finding -

The court-appointed receiver who’s been working to untangle the complicated financial web of the Stanford Financial group of companies last week gave a detailed look into what he’s done so far and why.

55. Stanford Receiver Details Findings - The court-appointed receiver who’s been working to untangle the complicated financial web of the Stanford Financial group of companies last week gave a detailed look into what he’s done so far and why.

The status report Dallas attorney Ralph Janvey filed in the Texas court where a sprawling federal case is unfolding against Stanford provides new details about the motivations, goals and progress of Janvey’s efforts. Janvey was appointed as Stanford’s receiver in February shortly after the U.S. Securities and Exchange Commission filed a civil suit claiming the Stanford business empire was built on secrets, deception and a multibillion-dollar investment fraud.

Fighting back

Details of Janvey’s efforts come at the same time Stanford’s Chairman Allen Stanford, a billionaire Texan with a towering physique and a penchant for the game of cricket, has begun to raise his media profile. In an interview he gave to The New York Times, Stanford told the paper he can’t use any of the credit cards in his wallet, his bank accounts are frozen and he’s been locked out of his apartment on the island of St. Croix.

Far from pulling his punches in light of a looming criminal indictment, Stanford in the interview also blasted the SEC for “squandering” the assets of the assorted Stanford companies. He also called Janvey a “jerk” whose aides “can’t find their rear end from a hole in the ground,” according to The Times.

Stanford filed a sharply worded memorandum this month in the Texas court answering some of the charges against him. He said the Stanford receiver has seized all of his money, important records, most of his clothing and personal possessions.

The Stanford companies “provided service to thousands of valued clients,” his memo reads. “They employed thousands of honest, hard-working people. Stanford’s companies were real companies with real assets, real profits and real employees serving real clients.”

CD dealing

Meanwhile, Janvey’s report last week attempts to shed light on some of the things he has found.

He writes, for example, that Stanford’s operation consisted of more than 100 companies spread across the globe, with locations spanning 15 U.S. states and 13 countries in Europe, the Caribbean, Canada and Latin America.

Partly based on the work of a forensic accountant, the Stanford receiver believes the purpose of the combined Stanford operation was simple: bring in outside money through the sale of CDs issued by Stanford’s offshore bank. And to do that, brokers were paid handsomely through a compensation structure that made the whole enterprise unsustainable without the money generated from CD sales, according to the receiver.

“To the outside world … these financial businesses appeared to be independently viable,” reads the receiver’s status report. “The receiver believes, however, based on his investigation to date, that the principle purpose and focus of most of the combined operations was to attract and funnel outside investor funds into the Stanford companies through the sale of the CDs issued by Stanford’s offshore entity (Stanford International Bank).

“Once CD funds entered the Stanford companies, they were dispersed to Allen Stanford or to other Stanford-owned entities or used to purchase private equity and other investments, to pay CD redemptions and interest or to pay expenses and obligations.”

Following the trail

The receiver appears to believe Stanford’s far-flung operation – which included a now-shuttered Memphis office – arguably owed its continued existence to money brought into the organization via the CD sales. The Stanford empire had a strong Memphis connection, with an investment brokerage office here as well as offices at one time for both Stanford’s chief financial officer James Davis and chief investment officer Laura Pendergest-Holt, both of whom were named in the SEC complaint.

As of Feb. 22, the receiver’s data show about $7.2 billion worth of CDs were outstanding and in the hands of approximately 21,500 holders around the world. But much of the cash received from CD sales apparently cannot be found.

The receiver also has asked the accounting firm of Ernst & Young to compile balance sheets for Stanford’s companies because the receiver states almost all non-cash assets listed on Stanford’s Dec. 31 balance sheets are substantially overstated.

“Preliminary analysis of Stanford’s available financial records indicates that a very substantial amount of cash received upon sale of (the bank’s) CDs over the last few years … cannot be accounted for,” the receiver’s report reads. “Some of this cash may have been spent in ways that are not reflected in any of the available financial records … such as cash that may have been loaned to Allen Stanford or distributed to him as sole shareholder and then spent on personal consumption by him.

“This preliminary analysis suggests that the aggregate amount of such unaccounted-for cash may be in the range of $1 billion.”

...

56. Local Advisers Named in Suit to Recover Stanford Money -

The court-appointed receiver who’s taken charge of the Stanford Financial Group’s business empire filed a lawsuit Wednesday in an attempt to recover more than $40 million Stanford paid 66 financial advisers. Five of the advisers are from the Memphis area.

57. Local Advisers Named in Suit to Recover Stanford Money -

The court-appointed receiver who’s taken charge of the Stanford Financial Group’s business empire filed a lawsuit Wednesday in an attempt to recover more than $40 million Stanford paid out to 66 financial advisers. Five of the advisers are from the Memphis area.

That group collectively has $1.6 million in compensation the receiver is looking to get back:

Jon Barrack: $241,751

Norman Blake: $233,858

Charles Brickey: $212,709

Chuck Hughes: $301,074

Scott Notowich: $679,932

Ralph Janvey, a Dallas attorney operating as Stanford’s receiver, is looking to recover Stanford assets and secure the company’s business operations and holdings. The money he’s seeking via the lawsuit was paid as commissions and other compensation for the sale of Stanford’s certificates of deposits.

Those CDs are at the heart of what the U.S. Securities and Exchange Commission believes is an $8 billion pyramid scheme. The SEC in February filed a civil complaint against Stanford, its chairman and two executives that, among other things, alleged the CDs were sold by promising inflated and near-impossible returns.

“Over just a two-year period, these financial advisers received commissions ranging in amounts from $2.6 million to $200,000, along with other incentive compensation, to promote the sales of CDs,” reads Janvey’s complaint filed this week in U.S. District Court for the Northern District of Texas.

Janvey contends the money is appropriate for him to recover because it was paid to Stanford employees who continued to bring new investors in to buy the company’s allegedly fraudulent products.

Stanford chairman R. Allen Stanford, chief financial officer James Davis and chief investment officer Laura Pendergest-Holt “kept their fraudulent scheme going by using the (financial advisers) to lure new investors,” the complaint reads. “The commissions, loans and other compensation paid to (the advisers) came not from revenue generated by legitimate business activities, but from monies contributed by defrauded investors.”

As part of its U.S. presence, Stanford operated a brokerage office in the East Memphis Crescent Center, and the company’s chief investment officer and chief financial officer at one time both worked there. The closure of Stanford’s Memphis office as a result of the broader investigation meant the loss of 50 jobs, according to information from the Tennessee Department of Labor and Workforce Development.

...

58. Lenschau Blends Environmental Interests Into Law, Life -

James G. M. Lenschau, a director and shareholder in the Memphis office of Martin, Tate, Morrow and Marston PC, practices in commercial transactions and commercial real estate. He advises and assists clients on a variety of matters ranging from business planning to public finance, banking and environmental and corporate governance. He also represents lenders in secured loan transactions.

59. SEC Sued by Fox Over Stanford-Related Info -

The Fox Business Network, a cable news channel and spinoff of the Fox News Network, has filed a lawsuit in New York against the U.S. Securities and Exchange Commission related to the collapse of Stanford Financial Group.

60. 50 Jobs Shed From Stanford Investigation -

The court-appointed receiver overseeing the assets of Stanford Financial Group has given the Tennessee Department of Labor and Workforce Development a little more detail about the employees who lost their jobs at Stanford following the U.S. Securities and Exchange Commission’s investigation of the larger company. The SEC has described it as a massive Ponzi scheme.

61. IRS Files $226M Claim Against Stanford -

As a Texas receiver sifts through claims against Stanford Financial Group, one creditor has asked to skip toward the front of the line – the Internal Revenue Service.

In a motion filed Friday “at the direction of the Attorney General of the United States,” the IRS claims R. Allen Stanford and soon-to-be-ex-wife Susan Stanford owe more than $226 million in federal income taxes, an amount that includes penalties and interest.

62. Miami Meetings at Center of Stanford Woes -

Thomas Sjoblom, an attorney at the international law firm Proskauer Rose LLP, walked into the office of a female Stanford Financial Group executive in Miami after a tense series of private meetings earlier on a February day with Stanford’s top brass.

63. Stanford Exec’s Lawyers Claim Gov’t Attorneys Mistreated Her -

Lawyers for Laura Pendergest-Holt, the chief investment officer of Stanford Financial Group whom federal investigators believe helped perpetrated a massive investment fraud, fired back in court this week.

64. Stanford Accounts To Remain Frozen -

A federal judge ruled Monday that thousands of investor accounts with Texas billionaire R. Allen Stanford’s financial companies will remain frozen for another 10 days, and a court-appointed receiver said he’s developing a plan to return some of the money to its owners.

65. SEC Calls Stanford "Massive Ponzi Scheme" -

The U.S. Securities and Exchange Commission has filed an amended complaint in Texas against three executives of the Stanford Financial Group family of companies charged last month by the SEC with defrauding investors.

66. UPDATE: SEC Calls Stanford "Massive Ponzi Scheme" -

The U.S. Securities and Exchange Commission filed an amended complaint in Texas this afternoon against three executives of the Stanford Financial Group family of companies charged last month by the SEC with defrauding investors.

67. Stanford Chief Investment Officer Charged, in Custody in Houston -

Laura Pendergest-Holt, the chief investment officer of the Stanford Financial Group family of companies who was charged last week in a U.S. Securities and Exchange Commission civil case, now faces criminal charges.

68. Red Flags Abounded During SEC Probe Of Stanford Cos. -

WASHINGTON (AP) – As with the Bernard Madoff case, the scandal surrounding billionaire R. Allen Stanford now seems clear and obvious in hindsight. Yet Stanford managed to run his alleged scheme even while the U.S. Securities and Exchange Commission and other regulators investigated his businesses.

69. Scope of Stanford Scandal Vast, Deep -

When the U.S. Securities and Exchange Commission filed a complaint in federal court last week accusing Stanford Financial Group of defrauding billions from investors, the case was assigned to U.S. District Judge Sam Lindsay.

70. Questioning Stanford’s Returns Could Get You Fired -

WASHINGTON (AP) – While R. Allen Stanford’s investors were swallowing claims of vast returns on safe investments, some of his employees weren’t so sure.

71. Stanford Attorney Quits Following CIO’s Testimony - Facing five representatives of the U.S. Securities and Exchange Commission’s Division of Enforcement, the chief investment officer of the Stanford Financial Group family of companies – a woman with close ties to Memphis – raised her right hand.

It was a little after 1 p.m. Tuesday Feb. 10, in the SEC’s office in Fort Worth, Texas. After being put under oath, SEC branch chief Michael King asked Stanford’s chief investment officer Laura Pendergest-Holt to spell her name for the record.

Exactly one week later – the following Tuesday – the SEC raided Stanford offices in multiple cities, including the company’s plush East Memphis digs in The Crescent Center. The agency charged Pendergest-Holt, along with chief financial officer James Davis and Chairman R. Allen Stanford with “a fraud of shocking magnitude” that involved defrauding and luring investors with inflated claims about the company’s products including its certificates of deposit.

Eyes on Texas

The timing of the SEC’s movement against Stanford is related to what happened in that Fort Worth office Feb. 10 – possibly in more ways than one.

For almost four hours, the SEC officials quizzed Pendergest-Holt, who in 2006 was named to the Memphis Business Journal’s Top 40 under 40, a ranking that honors the area’s local business leaders. In the room with her was Thomas Sjoblom, an attorney with the international law firm Proskauer Rose LLP who represented the Stanford company.

Whether the testimony he heard Pendergest-Holt give that day influenced an action he took the next day is unclear. But with little explanation, Sjoblom officially quit representing Stanford Financial’s affiliated companies the day after Pendergest-Holt’s testimony, according to court records the SEC filed last week along with its complaint against Stanford.

Before entering private practice, Sjoblom had worked for the SEC for 20 years. From 1987 to 1999, he was an assistant chief litigation counsel in the SEC’s Division of Enforcement – the same division of the agency whose representatives were peppering Pendergest-Holt with questions Feb. 10.

After she was put under oath, Sjoblom immediately got down to business.

Pre-empting the SEC officials, according to a transcript of the day’s testimony, he asked: “First of all, has there been a criminal referral in this matter?”

King told him that he and his client had been provided with an SEC Form 1662. Among other things, that form reads, “The commission often makes its files available to other governmental agencies, particularly United States Attorneys and state prosecutors. There is a likelihood that information supplied by you will be made available to such agencies where appropriate.”

At press time, criminal charges had not yet been filed against the three executives who were the subject of SEC civil charges last week.

Sjoblom followed that up with another question about whether the SEC is currently working with the U.S. Attorney’s office in the Northern District of Texas or elsewhere.

“Mr. Sjoblom, I just referred you to SEC Form 1662,” King replied.

Objections

Sjoblom pressed on. Before Pendergest-Holt began her testimony, he brought up a question of whether the SEC had authority to probe matters related to Stanford’s banking arm, which operates on the Caribbean island of Antigua.

The SEC complaint alleges that most of the bank’s investment portfolio was purportedly monitored from Memphis.

“OK,” Sjoblom said. “Next, before you start asking questions ... there’s certainly an issue here whether or not the certificates of deposit are securities. So I have an objection to the purported jurisdiction of the SEC over this instrument.

“Secondly, it’s my view that the bank is located – that’s Stanford International Bank – is located outside the jurisdiction of the United States and there is no jurisdiction by the SEC over that bank and its product lines and, hence, over the information that, I’m sure, you’re going to seek to elicit today.”

Nevertheless, the testimony proceeded. The line of questioning from the SEC officials focused on filling in both personal and professional details about Pendergest-Holt.

They learned, for example, that she was about 23 years old when she joined Stanford in June 1997. They also learned enough to allege in their complaint that she trained employees below her to mislead investors.

The SEC’s complaint says Pendergest-Holt supervised “a group of analysts in Memphis, Tupelo and St. Croix, (U.S. Virgin Islands).”

Cutting ties

The Stanford lawyer in the room while Pendergest-Holt gave her testimony, however, soon removed himself from the picture. He gave notice to the SEC Feb. 11, the day after her testimony, that his firm was no longer Stanford’s counsel.

He followed that up with a Feb. 12 fax to Kevin Edmundson, the assistant regional director in the SEC’s Forth Worth office, and left a voice mail message for him the next evening.

Finally, Sjoblom typed a note on his BlackBerry to Edmundson a little after 4 p.m. Saturday, Feb. 14. It read: “Kevin, this will advise the SEC, and confirm my voice message last evening, that I disaffirm all prior oral and written representations made by me and my associates ... to the SEC staff regarding Stanford Financial Group and its affiliates.”

Three days later, the SEC swung into action, charging the Stanford officials with what Rose Romero, regional director of the SEC’s Fort Worth Regional Office, called a “fraud of shocking magnitude that has spread its tentacles throughout the world.”

...

72. Stanford Bank’s Investors Go Home Empty-Handed -

ST. JOHN’S, Antigua (AP) – Venezuela on Thursday seized a failed bank controlled by Texas billionaire R. Allen Stanford after a run on deposits there, while clients were prevented from withdrawing their money from Stanford International Bank and its affiliates in a half-dozen other countries.

73. Stanford Deployed Web of Lies, Documents Show -

WASHINGTON (AP) – Disgraced banker R. Allen Stanford’s pitch to investors was equal parts glamour and flattery.

74. Details Emerge in Stanford Fraud Case -

Word of the $50 billion Ponzi scheme perpetrated by a New York businessman was still a hot topic in the investment community when a note to depositors appeared on Stanford International Bank’s Web site.

75. STANFORD SHOCKER -

The U.S. Securities and Exchange Commission has charged a Texas billionaire whose family of companies has deep ties to Memphis with an $8 billion securities fraud.

Asking for “emergency relief to halt a massive, ongoing fraud,” a complaint issued by the SEC Tuesday alleges the businessman, R. Allen Stanford – chairman of the Stanford Financial Group of companies – schemed to sell about $8 billion worth of certificates of deposit that promise higher returns than would have been available with genuine CDs offered by traditional banks.

76. Stanford Financial Chairman Charged With $8B Fraud - The U.S. Securities and Exchange Commission has charged a Texas billionaire whose family of companies has deep ties to Memphis with an $8 billion securities fraud.

Asking for "emergency relief to halt a massive, ongoing fraud," a complaint issued by the SEC Tuesday alleges the businessman, R. Allen Stanford – chairman of the Stanford Financial Group of companies – schemed to sell about $8 billion worth of certificates of deposit that promise higher returns than would have been available with genuine CDs offered by traditional banks.

Also named in the Texas complaint are James Davis, the chief financial officer of Stanford Financial Group Inc. who works in East Memphis’ Crescent Center, as well as Laura Pendergest-Holt, the chief investment officer of Stanford Financial Group. She supervises a group of analysts in Memphis, among other places, according to the SEC.

"Stanford and Davis have wholly failed to cooperate with the commission's efforts to account for the $8 billion of investor funds purportedly held by SIB (Stanford International Bank, the banking unit of the family of companies)," the SEC's complaint reads. "In short, approximately 90 percent of SIB's claimed investment portfolio resides in a 'black box' shielded from any independent oversight."

The particulars

Stanford's banking unit claims $8.5 billion in assets, and its brokerage unit reportedly has about $50 billion in assets. The SEC alleges the bulk of the banking unit’s investment portfolio was monitored by two people – Stanford and Davis.

The company and its executives cast a long shadow in Memphis, as does the sprawling complaint unveiled this week.

Law enforcement personnel Tuesday entered Stanford offices in the U.S. in more than one city, including Memphis. Memphis FBI officials could not be reached Tuesday afternoon, but were believed to be seizing records there.

The day before the SEC’s allegations were unveiled, a Stanford Financial Group spokesman told The Daily News the company was cooperating with investigators.

“Both FINRA (the Financial Industry Regulatory Authority) and the SEC have stated to us that their recent visits to our offices were part of a routine examination,” said Brian Bertsch. “We have provided U.S. regulators with the information requested and intend to comply fully with any findings or recommendations they may issue.”

Bertsch would not confirm if the company’s Memphis office was one of six locations visited in January by the SEC and FINRA.

Far-reaching operation

More than three dozen police officers and other law enforcement officials entered two Stanford Group office buildings in Houston Tuesday morning, according to The New York Times.

Several key aspects of the case, meanwhile, point to activities of the company that unfolded in Memphis or are related to the Bluff City.

"SIB's multi-billion (dollar) portfolio of investments is purportedly monitored by SFG's chief financial officer in Memphis, Tenn.," according to the SEC. That executive, James Davis, refused to appear and give testimony in the SEC investigation.

Meanwhile, “The bank's (senior investment officer) was trained by Ms. Pendergest-Holt to tell investors that the bank's multi-billion (dollar) portfolio was ‘monitored’ by the analyst team in Memphis,” the SEC’s complaint reads. “In communicating with investors, the SIO followed Pendergest's instructions, misrepresenting that a team of 20-plus analysts monitored the bank’s investment portfolio. In so doing, the SIO never disclosed to investors that the analysts only monitor approximately 10 percent of SIB's money.

“In fact, Pendergest-Holt trained the SIO ‘not to divulge too much’ about oversight of the bank's portfolio because that information ‘wouldn’t leave an investor with a lot of confidence.’”

One spark that may have added fuel to the fire concerns allegations from former Stanford employees.

D. Mark Tidwell and Charles Rawl last year filed a wrongful termination suit in state court in Texas alleging “various unethical and illegal business practices, including overstating the asset value of individuals in a manner designed to mislead potential investors and purging electronic data from computers in response to an investigation by the Securities and Exchange Commission,” according to a court filing in the Texas case. “According to Tidwell and Rawl, they left the company after realizing that they could possibly be implicated in the alleged illegal acts.”

Wellspring of support

The charges cast a dark cloud over a company that has been a generous benefactor of several causes in Memphis.

In the most recent edition of the Stanford Eagle, the in-house magazine of Stanford Financial Group, Stanford is shown seated among a quartet of children who all appear to be patients of St. Jude Children’s Research Hospital. All of them are smiling, and one is sitting on the businessman’s knee, cradled in his arm.

St. Jude is among the many local causes supported by Stanford's business interests. The annual Stanford St. Jude Championship alone has raised more than $19 million for the hospital since 1970. Stanford signed on as the major sponsor in 2007 after FedEx shifted its involvement.

The Houston-based financial services company, which operates an investment brokerage office in Memphis, provides financial support to the hospital as its “corporate charity of choice,” according to the magazine.

In the most recent edition of the magazine, Tony Thomas, the son of St. Jude founder Danny Thomas, said Stanford’s chairman “has been a blessing for us and for the children and patients of St. Jude. … His support has resulted in $15 million in the last three years.”

Among the Memphis causes it supports, the Houston company is a corporate sponsor of the National Civil Rights Museum and a contributor to the Greater Memphis Arts Council, the Boys and Girls Club of Memphis and the Ave Maria Foundation of Memphis, according to a report from Stanford about its community investments. Stanford’s charitable foundation also is based in Memphis.

A reception several years ago to celebrate the company’s growth in Memphis was held at the home of local fashion designer Pat Kerr Tigrett, with guests including Memphis Mayor Willie Herenton and FedEx founder Frederick W. Smith, according to news accounts of the event.

...

77. FDIC Chief Wants Home Loans Part of Bailout Plan -

WASHINGTON (AP) - As Congress moves on the financial bailout plan, restructuring of troubled mortgages should be part of the final package, the head of the Federal Deposit Insurance Corp. said Tuesday.

78. Hennessy Joins Board Of Opportunity Scholarship Trust -

Scott C. Hennessy, president and chief executive officer of True Temper Sports, has joined the board of directors of Memphis Opportunity Scholarship Trust.

Hennessy will help direct the operations and growth of the nonprofit organization, which provides scholarships and tuition assistance. Hennessy also serves on the Board of Governors of the National Golf Foundation.

79. Homeowner Aid Act Raises Worries on Scope, Delays -

CHICAGO (AP) - Help is on the way for some debt-plagued homeowners. It just may not be fast enough or broad enough to keep many from losing their residences.

The mortgage relief plan that President Bush is poised to sign as soon as Wednesday is designed to rescue about 400,000 homeowners by allowing them to get more affordable mortgages backed by the Federal Housing Administration.

80. Fannie, Freddie Spent Millions On Lobbying -

WASHINGTON (AP) – For years, mortgage giants Fannie Mae and Freddie Mac tenaciously worked to nurture, and then protect, their financial empires by invoking the political sacred cow of homeownership and fielding an army of lobbyists, power brokers and political contributors.

81. Stallworth Named Board President At Association of Fundraising Professionals -

Virginia Stallworth is the new president of the board of directors for the Association of Fundraising Professionals.

Stallworth has served on the board since 2005. She is the associate director at the Memphis Child Advocacy Center, where she has worked for nine years. Stallworth also serves on the board of directors for the Memphis Area Women's Council.

82. Hotels Proliferate Near Wolfchase Mall -

Judging from all the shops, restaurants and retail centers that surround Wolfchase Galleria mall, it would appear that consumers clearly love spending money in that commercial corridor. But so does another group of people: hotel developers.

83. Nicolette's Menswear Brings Beverly Hills Style To Memphis -

It wasn't Nicole Becton's bachelor's degree in criminal justice that determined her path in life. It was, rather, her eye for fashion.

The 34-year-old Becton is the owner of Nicolette's Menswear in Whitehaven. The store is what she said is a "Beverly Hills-style boutique where men can come in and find neckties and dress shirts that they can't normally find in other stores."

84. Stanford Financial Gives$1.76M to St. Jude -      Stanford Financial Group has presented St. Jude Children's Research Hospital with a check for $1.76 million from the inaugural Stanford St. Jude Championship held in June.
     The donation

85. Barrett Opens Design and Marketing Firm -

Stefanie Barrett has opened Barrett Creative, a full-service graphic design and marketing firm. Barrett has more than 15 years of experience. She is a member of the National Association of Women Business Owners (NAWBO), the Memphis Chamber of Commerce and Women on the Move, and serves as the marketing sponsor for the Commission on Missing and Exploited Children (COMEC) and the Small Business Chamber.

86. Advo Inc.'s AtkinsonNamed Prez of AdFed -      James Atkinson of Advo Inc. has been named the president of the Memphis Advertising Federation board of directors.
     Maury Tower of WREG-TV is first-vice president, Susan Ewing of inferno

87. Some Banks may be Poised to Gain Mortgage Business Amid Housing Industry's Troubles -

WASHINGTON (AP) - Where other lending executives see misfortune, Ronald Hermance sees a chance to grab business from the competition.

Hermance's bank, Hudson City Bancorp Inc., a regional savings and loan in Paramus, N.J., with $50 billion in assets, is handling a 25 percent increase in mortgage applications this year, even as investors stay away from nearly all types of home loans.

88. Shrinking Ocularist Field Has Foothold in Memphis -

Matt Singer was keeping an eye out for the ABC television news crew scheduled to visit his eighth floor office suite in Morgan Keegan Tower Thursday.

That is to say, it was a literal eye being kept and which attracted the ABC cameras to the immaculate office and lab space of Singer Prosthetics overseen by Singer, an upbeat, fast-talking former makeup artist and special effects whiz from Hollywood. While it's not immediately obvious from his booming voice and movie-star charisma, Singer and company operate in a shrinking and little-publicized corner of the world of prosthetics - that of crafting artificial eyes.

89. Interest in Evolving Law Led Chiles to Become an Attorney -

Editor's Note: This Law Talk is the fourth in a series of interviews with new shareholders in the Memphis office of Baker, Donelson, Bearman, Caldwell & Berkowitz PC.

Leigh M. Chiles grew up less than an hour's drive from Memphis on a cotton farm in Arkansas.

90. Store Owner Carves Niche With Flair for Fashion, Sales -

James Davis III has been a salesman of sorts since he was 6 or 7 years old.

His father, James Davis Jr., who managed a Kroger Grocery store's bakery, used to bring pastries and cakes home, and it was Davis' "job" to stay home and sell the goodies to people from the neighborhood.

91. Memphians Honored Tonight At Legacy of Leadership Gala -      Shelby County Mayor A C Wharton Jr. is among the honorees who will be recognized at 100 Black Men of Memphis Inc.'s awards dinner tonight at 7 p.m. at Woodland Hills, 10000 Woodland Hills Drive.
   &n

92. Wright Takes Helm of Suburban Community Newspapers -

Scott A. Wright has been named chairman and CEO of Suburban Community Newspapers Group (SCN), which includes 11 weekly newspapers in the Memphis metro and north Mississippi areas. Some of the papers are The Shelby Sun Times, The Collierville Independent and The East Shelby Review. Wright previously was publisher of 17 Dallas and Ft.Worth-area daily and weekly newspapers in the Star Community Newspapers group.

93. Carmony Named Newcomer of the Year -

Brad Carmony has been named Newcomer of the Year in the 2006 MPACT Maker Awards. The award recognizes individuals who have lived in Memphis for a short time, but who have made significant contributions to the community. Carmony is the public relations manager at inferno. He also serves on the regional advisory board of the Amyotrophic Lateral Sclerosis Association of Tennessee, the Exchange Club Family Center's Gala Committee and as a member of the Shelby County Humane Society's Pet Set organization.

94. Tucker's Nonprofit Work Mirrors Architectural Career -

Riding a bike or pushing a metal grocery cart, Jimmie Tucker delivered copies of the Memphis Press-Scimitar to about 100 South Memphians every afternoon from 1965 to 1968.

A sixth grader who enjoyed drawing and listening to Memphis soul music from the local recording mecca, Stax Records, Tucker learned the aesthetic nuances of his neighborhood as he made his way down cracked sidewalks on his daily route.

95. Prestidge Chosen to Head Kroger Delta Division -

Mark Prestidge has been promoted to president of The Kroger Co.'s Delta Division. The Delta Division is based in Memphis and includes 111 Kroger stores in Arkansas, Kentucky, Mississippi, Missouri and Tennessee. Prestidge succeeds Richard Tillman, who recently announced his retirement after a 42-year career with Kroger. Prestidge previously served as vice president of operations for Kroger's Southwest Division.

96. At New RV Rental, Coaches Won't Turn Into Pumpkins -

After owning Accessories, Etc. for 14 years, Janet Rast Williams decided it was time to shift gears.

She is closing the East Memphis boutique to concentrate on her latest venture, Midsouth Motorcoach Rentals, the recreational vehicle (RV) rental company she opened in October.

97. First Mercantile Taps Maness to Handle National Accounts -

Philip E. Maness has been appointed director of national accounts and executive vice president of First Mercantile in Cordova. He began his career with First Mercantile in 1984, serving most recently as strategic planning officer.

98. DeSoto Restaurant Market Takes Off -

Five years ago, DeSoto County's list of places to dine wasn't that impressive. But today, choices abound.

With more than 1 million square feet of retail space expected to be delivered in the next few years, coupled with the construction of several new subdivisions, it's no wonder the dining options available to DeSoto County residents are increasing exponentially.

99. Local Resident Named Land Realtor of America -

Keith Morris of 4M Land Co. in Somerville was honored with the 2005 Land Realtor of America award by the Realtors Land Institute. Morris, current president of the Tennesseen RLI chapter, is the first Tennessean to receive the award. He graduated from the University of Memphis.

100. Events -

The Small Business Chamber, Mpact Memphis, the MemphisDEBT Collaborative and Consumer Credit Counseling Services host a small business credit discussion from 5:30 p.m. to 7:30 p.m. today in the C Wing of Agricenter International, 7777 Walnut Grove Road. Call 312-7760.