A judge's gavel sits on top of a stack of one-hundred dollar bills. Schulman and his co-conspirators obtained control of approximately $12.5 million of frozen Somali funds, the DOJ said. (Credit: Destina/stock.adobe.com)

A group of insurance companies are not obilgated to pay criminal defense fees of a former partner with the law firm Shulman, Rogers, Gandal, Pordy & Ecker who is accused of conspiring to fraudulently take more than $12.5 million in Somali government assets.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Allison Dunn

Allison Dunn is a reporter on ALM's Rapid Response desk based in Ohio, covering impactful litigation filings and rulings, emerging legal trends, controversies in the industry, and everything in between. Contact her at [email protected]. On Twitter: @AllisonDWrites.