A Southern California construction company has filed a lawsuit against State Compensation Insurance Fund and former and current executives, alleging they schemed to misappropiate $25 million that rightfully belongs to policyholders.
Acro Contractors, based in Burbank, Calif., seeks class-action status for the suit filed in Los Angeles County Superior Court. In addition to State Fund, the suit names as defendants State Fund legal counsel Charles Savage, former President James C. Tudor, former vice president Renee Koren, former State Fund board members Kent Dagg, John Dunlop and Frank Del Re,...
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