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Racketeering claim against State Farm...

Racketeering claim against State Farm dismissed

By: Magnolia Tribune - January 13, 2009

Racketeering claim against State Farm dismissed

Policyholder law firm Provost Umphrey indicated more than 225 cases — 90 percent of those the firm had against State Farm in Mississippi — have been settled, including the racketeering lawsuit with 38 plaintiffs. Terms of the settlements are confidential.

“A combination of factors came together to allow the successful resolution of these claims including, the compensation amount, the exhaustion of the clients with the legal pursuit of their claims, unfavorable legal rulings over the last year and half and a fresh perspective afforded by new counsel,” a typed statement from Provost Umphrey said.

Sun Herald
1/12/8

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.