We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Ex-Mortgage Lenders Head Tries To Evade Arrest

Law360 (March 27, 2007, 12:00 AM EDT) -- The former president of bankrupt subprime lender Mortgage Lenders Network USA Inc. filed a motion Tuesday to escape criminal prosecution by the state of Connecticut for failing to pay about $2.5 million in commissions owed employees.

The Connecticut Department of Labor Monday applied for an arrest warrant in Middlesex Superior Court in Middletown for Mitchell Heffernan on 61 counts of failure to pay wages.

In his motion, Heffernan said he had no control over payments to any of Mortgage Lender’s creditors, including employee commissions, from mid-December...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.