John Kessock, Jr.

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Jurisdictions

Allegations

$3 m of MRM assets frozen, two new lawsuits filed

A United States-based trucking concern has obtained a $3 million asset freeze order against the financially troubled Mutual Risk Management group. Bermuda Supreme Court issued the order on April 25, 2002 after an application that same day by Franklin Logistics Inc.

MRM and insiders snap up the company’s stock

Mutual Risk Management and its officers and directors have taken advantage of the recent massive collapse in the company's stock price by aggressively snapping up shares on the open market.