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Missouri Blue sues former top exec. (Blue Cross and Blue Shield of Missouri files lawsuit against former president Roy Heimburger for mismanagement of company funds)
National Underwriter Life & Health-Financial Services Edition
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August 18, 1997|
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COPYRIGHT 1997 Summit Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Blue Cross and Blue Shield of Missouri has filed a suit that accuses Roy Heimburger, its former president, of funneling company funds to a friend.
Missouri Blue alleged in a petition filed last month in St. Louis County Circuit Court that Mr. Heimburger lied to the Missouri Blue board about the value of a parcel of land so that he could divert $1.6 million to the friend.
Missouri Blue said it may eventually amend its petition to include additional allegations of wrongdoing.
"The misconduct alleged herein was learned as a result of a federal ...
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