Law Practice,
Criminal
Feb. 5, 2018
Judge ponders why insurance companies don’t seek reimbursement from convicted clients
Cross examination of a man accused of insider trading sparked a debate over an issue that has perplexed the judge for 40 years.
U.S. District Judge Andrew Guilford of Santa Ana
SANTA ANA - A federal prosecutor's cross examination of a businessman accused of insider trading sparked a debate involving an issue the judge said has perplexed him for 40 years: insurance companies demanding reimbursement from convicted clients.
As a longtime leader in the ophthalmology industry, the defendant, James Mazzo, has an insurance policy that's paying what Assistant U.S. Attorney Stephen A. Cazares estimated last week to ...
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