Thursday, June 28, 2007
The WSJ Law Blog has the details. Short version:
Here’s what happened, according to the DOJ: Hoeffner, attempting to settle in bulk roughly 1,000 silicosis lawsuits he brought against companies, met with insurance agents for the companies in February 2002. The Hartford agreed to pay Hoeffner more than $34 million to settle the cases, but as part of the deal, two Hartford employees allegedly agreed to receive a total of more than $3 million and each a new BMW. Hoeffner collected more than $5.3 million in legal fees.