Maiden and whistleblowing ex-COO fail to settle
Maiden has failed to find significant common ground with its former
chief operating officer Bentzion Turin, who accused the company of
fraud over a key $260mn transaction in 2009.
US Department of Labor administrative law judge Theresa Timlin
had ordered the two parties to try to settle their differences in a
hearing that took place behind closed doors last week.
But after two days of talks, Maiden and Turin failed to reach an
agreement and a public hearing was scheduled...
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