C.M. Meiers Preliminary Injunction Decided, But Far From Over

By | June 7, 2012

  • June 7, 2012 at 8:10 pm
    Cherry says:
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    What is with this reporter, if you call him that. Do you get paid just to write an article? This is ridiculous.

  • June 8, 2012 at 6:01 am
    Big Dog says:
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    I’m having trouble stomaching the Rothman’s statement “We can now continue our careers in the insurance business without the blemish on our reputations that Liberty sought to depict.”

    Wasn’t it under Herb/Eric’s watch that C.M. Meiers filed for bankruptcy and the agency was auctioned off? I’d say that’s a blemish IMHO.

    After re-reading this and the other articles on the C.M. Meiers soap opera, while the judge was technically correct in her decision (ruling in favor of the defendants due to lack of direct evidence), Herb/Eric’s credibility is still highly questionable. As to their reputations in the insurance industry, sorry but….Herb is not well respected, and Eric doesn’t fall far from the tree…

    At this point, it needs to be shown in fact whether CMM was out of trust, and if so, let the CDI handle the previous owners of CMM appropriately.

    • June 8, 2012 at 12:11 pm
      IA says:
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      Are you kidding? Obviously you must love soap opera’s you’re always
      commenting you seem to have some sort of grudge, get over it,
      they won!!!!! Move on, get a life, do yourself a big favor!

  • June 8, 2012 at 1:43 pm
    MergerGuy says:
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    Where is the DOI? If C.M. Meiers was out of trust and the Rothman’s were owners, why do they even have a license to be in the business???

  • June 8, 2012 at 2:43 pm
    insurance wise says:
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    The DOI is not involved because there has never been a complete audit of the books! The accusations of “out of trust” are just that – accusations. A complete audit of the books would take a couple of years, and cost very high hundreds of thousands of dollars. The DOI has taken on this type claim over 60 times, and according to our expert has lost every time!

    The person most surprised by this accusation was Herb. He knew that he never missed a payment to any company. There has never been any accusation that Herb or Eric (or anyone for that matter) took money from the trust. That is because no one ever did. Herb wasn’t worried about the trust account. He was worried that he couldn’t pay over a million an a half dollars to Saleigh because Saleigh wouldn’t take payments or make settlement with CMM.

    Now there is the truth. Why you (Big Dog) want to muddy the name of a person who only tried to do right by his employees (for almost 50 years) is your sickness. You are so jelous and obsessed that you really should get some help. Maybe if you spent some time WORKING you might make a life for yourself and your family.
    I can sit here and type whenever I want because I’m retired :)

  • June 8, 2012 at 4:38 pm
    John Smith says:
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    Being a business guy myself and knowing the big picture you would have to think that there was way more than 100 million dollars that has run through the company in the last few years. Even if they were one million out of trust, that would be like a one percent margin of error. I am sure if Herb Rothman stole money they would have seen it somewhere in the books. The bank reconciliation itself could be off by dollars a month and it just adds up. Really not a big deal in the big picture. I know the Rothmans and they are good decent hardworking family. I have moved my business to them and I am happy to see that for once they have gotten a fair shake. I am looking forward to seeing them win this new lawsuit.



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