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Utility Seeks $3M For Convicted CEO, Officers' Defense Costs

By Jennifer Mandato (August 17, 2023, 8:23 PM EDT) -- The Connecticut Municipal Electric Energy Cooperative urged a federal court to find that an AIG unit must reimburse it the $3 million it spent defending its ex-CEO and two other former board members who were convicted of stealing public funds, arguing that the court previously ruled that coverage was available under its policy....

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