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The financier’s attorneys accused Davis of being behind the fraud and of lying so he could get a reduced sentence. Davis pleaded guilty to three fraud and conspiracy charges in 2009 as part of a deal he made with prosecutors.

On Monday, during their third day of deliberating, the jury told Hittner it was having trouble reaching a verdict. Hittner gave jurors an Allen Charge, an order meant to prod juries toward a unanimous verdict, which seemed to bolster their deliberations and help them reach a verdict. Jurors would not be able to comment on the case until the civil trial is concluded.

Three other indicted former executives of Stanford’s companies are to be tried in September. A former Antiguan financial regulator accused of accepting bribes from Stanford was also indicted and he awaits extradition to the U.S.

The financier’s trial was delayed after he was declared incompetent in January 2011 due to an anti-anxiety drug addiction he developed in jail and he underwent treatment. He was also evaluated for any long-term effects from being injured in a September 2009 jail fight. Stanford was declared fit for trial in December.

Stanford and the former executives are also fighting a U.S. Securities and Exchange Commission lawsuit filed in Dallas that makes similar allegations.