BREAKING: SAIF Board Approves $1.7M Settlement With Plotkin

The board of directors for Oregon’s SAIF Corp. will offer former chief executive officer John Plotkin a $1.7 million settlement to resolve a wrongful termination complaint he brought against the carrier after he was fired in 2014. SAIF said in a statement that the proposed settlement represents back wages, benefits and attorney fees. As part of the deal, Plotkin would drop all claims and agree to separation from the carrier effective May 9, 2014. Plotkin's lawsuit against the carrier, former executives and its board of directors alleged that they orchestrated his firing behind ...