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    • Why Consider a General Liability Insurance for Your Small Business
    • Statement of Plaintiff Emma Schwartzman
    • Statement of Attorney Knoll Lowney
  • View Key Evidence>>
    • 2001 Employment Contract, executed January 26, 2001
    • 2005 Employment Contract
    • McGavick’s Executive Transition Services Agreement
    • Safeco’s 2006 Proxy Statement to Shareholders
  • Q&A
  • Events
  • CEO Compensation and Fraud
    • Accounting Fraud
    • Stock Option Scandal

SCHWARTZMAN V. McGAVICK

A Lawsuit About Corporate Corruption and A Fed-up Shareholder

  • Home
  • Media Resources
    • Why Consider a General Liability Insurance for Your Small Business
    • Statement of Plaintiff Emma Schwartzman
    • Statement of Attorney Knoll Lowney
  • View Key Evidence>>
    • 2001 Employment Contract, executed January 26, 2001
    • 2005 Employment Contract
    • McGavick’s Executive Transition Services Agreement
    • Safeco’s 2006 Proxy Statement to Shareholders
  • Q&A
  • Events
  • CEO Compensation and Fraud
    • Accounting Fraud
    • Stock Option Scandal
CEO Compensation and Fraud

CEO Compensation and Fraud

Schwartzman v. McGavick is not a challenge to excessive executive compensation; it is a challenge to corporate waste and fraud. Studies have found that there is a connection between the…

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Key Evidence

Below is a list of key evidence to the SEC filings

Safeco’s 2006 Proxy Statement to Shareholders

Points of Interest: ► The Proxy Statement uses carefully crafted statements to conceal the full value and extraordinary nature of…

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2001 Employment Contract, executed January 26, 2001

Points of Interest: ► McGavick’s right to termination payments was fully negotiated and depended upon the context of the termination:…

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McGavick’s Executive Transition Services Agreement

Points of Interest: ► Resignation as CEO ¶ 1. McGavick’s resigned as CEO on December 1, 2005, effective December 31,…

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Statement of Plaintiff Emma Schwartzman

Today I filed a derivative action on behalf of Safeco Corporation against Mike McGavick and Safeco’s Board of Directors.

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Accounting Fraud

Most investors are aware of the accounting fraud scandals that were uncovered in the wake of the Enron debacle. The lists of corporate accounting scandals collected by bbc, forbes and others reads like a rap sheet on Fortune 500 companies. The damage caused by this fraud is well known. For example, Worldcom’s $11 billion in accounting fraud provoked the largest bankruptcy in U.S. history. Enron’s collapse left 21,000 jobless. Pensions and investments were lost. The wave of corruption shook the…

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2 Mar 2016

Why Consider a General Liability Insurance for Your Small Business

General liability insurance is a type of insurance policy that protects your business from another person or business’s claim of liability against your business. This may involve bodily injury along with associated medical expenses, or property damage along with associated…

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