Robert Mulderig

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MRM in class action settlement talks

Negotiations are underway to settle a class action lawsuit filed by shareholders against Mutual Risk Management and several of its former officers and directors.Details are contained in a filing at the U. S. District Court for the Southern District of California on July 30, 2003 in which the defendants agreed to withdraw their motion to dismiss the complaint.

Mutual Risk Management finally files 2001 financials

At a time when Mutual Risk Management was desperate for cash to meet its liabilities, its then Chairman and CEO, Robert Mulderig, owed the firm an advance of $318,303, according to an SEC filing. Details of the debt, which has

Robert Mulderig replaced by David Ezekiel at MRM

Robert Mulderig has retired as Chairman and CEO of financially troubled Mutual Risk Management Ltd., effective November 1, 2002, according to an MRM filing with the SEC. He has been replaced by David Ezekiel, who is President and Managing Director

New lawsuits filed against Mutual Risk Management

Three new civil lawsuits - one in Bermuda and two in the United States - have been filed against members of the Mutual Risk Management group.On July 30, 2002, Aegis Corporation and Principal Insurance Managers filed an action against Mutual Indemnity (Bermuda) Ltd. at Bermuda Supreme Court.

More class action complaints filed against Mutual Risk Management Ltd

Two more class action lawsuits were filed against Mutual Risk Management Ltd. during July, bringing the number of shareholder actions to five over the last two months.As with the previous suits, they were both filed in the U. S. District Court for the Southern District of California and the defendants in each were MRM, Robert A. Mulderig, James C. Kelly and Andrew Cook.

Vultures circle Mutual Risk Management: Three class action lawsuits filed

Three Class Action lawsuits were filed against Bermuda-based insurance firm Mutual Risk Management and three of its current and former officers in June. The complaints were all filed at the United States District Court for the Southern District of California, in San Diego, on June 7, June 24 and June 25.

Class action lawsuit filed against Mutual Risk Management

A class action lawsuit has been filed in California against Mutual Risk Management Ltd. and three of its current or former senior officers, alleging misrepresentation of the firm's finances. The civil lawsuit was filed at the United States District Court for the Southern District of California on June 7, 2002.

MRM boss Robert Mulderig part of $112 million financing consortium

Mutual Risk Management Chairman and CEO Robert Mulderig was part of the consortium that recently agreed to inject $112.5 million into the ailing company, it has been disclosed.Mulderig's participation was publicly released for the first time in a filing with

Unusual trading in MRM stock before $112 m financing announcement

Trading in Mutual Risk Management shares displayed unusual patterns hours before the official announcement that the troubled firm had obtained a $112 million financing package, we can disclose.MRM's share price plummeted from above $5 to $3.40 in early trading on

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.

Mutual Risk Management officers in heavy selling

Senior officers of Mutual Risk Management engaged in heavy selling of their company's stock from November 20-December 14, 1998, collectively off-loading 247,214 shares for $9,121,767 on the New York Stock Exchange.

MRM’s millionaire insurance bosses

Mutual Risk Management chairman and CEO Robert Mulderig received a financial package worth $2.67 million for fiscal 1997, according to the company's latest Proxy Statement filing with the SEC. Mulderig received a salary of $452,250, a bonus of $486,842, pension contributions of $11,309 and a profit of $1.72 million from exercising stock options. His right-hand man, John Kessock, who is president of the company, received a package valued at $2.64 million, comprising a salary of $452,504, a bonus of $486,842, pension contributions of $4,000 and a stock option profit of $1.7 million.