Suit Targets Hubert's Private Equity Profits

MacFadyen, Ken
October 2006
Investment Dealers' Digest;10/23/2006, Vol. 72 Issue 40, p4
Trade Publication
The article reports on the trial between Conseco Finance Corp. and its former CEO Stephen Hilbert for failure to pay the $72 million judgement to Conseco in Indiana. Hilbert's trouble began when he and other company executives borrowed $700 million from the company to buy Conseco stocks. John Menard, the complaint comments that Hilbert had unlawfully transferred ownership of his private equity firm, MH Equity Management to his wife to avoid payment of the $72 million judgement to Conseco.


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