Those observers who have been following Allen Stanford's $7bn Stanford International Bank Ponzi scheme, with the resulting 110 year sentence imposes upon him, are anxiously awaiting an opinion by the Fifth Circuit Court of Appeals, which is handling Stanford's criminal appeal. The appellant's reply brief was filed back in March, but the Court has not yet made it ruling on the sentence and conviction.
Though Stanford requested oral argument, and the US Government advised none was necessary, the Court has not assigned the appeal to the oral argument calendar, and since three-quarters of Federal criminal appeals are decided without hearing oral argument, it is probable that it will not be approved. Stanford admittedly has an uphill battle in his case, as statistically only around 5% of these appeals are reversed.
If his conviction & sentence are affirmed, Stanford's release date will remain April 17, 2105, ninety years from now. He is presently serving his sentence at USP Coleman, in Florida. I know that is is little consolation to those investors who lost everything, due to Stanford's massive fraud, but he will not live to the age of 155, to be released back into the community.