This document is a legal complaint filed by James W. Schacht, Acting Director of Insurance of the State of Illinois, against Stephen Hoffenberg, Mitchell Brater, Charles Chugerman, Michael Rosoff, Towers Financial Corporation, and Towers Diversified Company. The complaint alleges fraud, conversion, breach of fiduciary duty, negligence, and violations of the RICO Act, among other charges. The defendants are accused of causing financial harm to United Diversified Corporation, Associated Life Insurance Company, and United Fire Insurance Company through improper financial transactions, mismanagement, and fraudulent activities.
documents/EFTA00612518.pdf
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