Ex-MBC Execs Can't Dodge Concealment Charges

Law360, New York (September 30, 2011, 7:14 PM EDT) -- Two former executives and a former attorney for Mutual Benefits Corp. accused of running an $837 million insurance scam lost a bid to toss charges in Florida that they hid material information from investors, according to an order made public Thursday.

U.S. Magistrate Judge John J. O'Sullivan denied the motion Monday, saying former CEO Joel Steinger, Steven Steiner and former MBC outside counsel Anthony Livoti Jr. had direct contact with potential investors and were therefore required to disclose their positions with the company and any information...
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Case Information

Case Title

USA v. Steinger et al


Case Number

1:08-cr-21158

Court

Florida Southern

Nature of Suit

Date Filed

December 23, 2008

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