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Multi-Million Dollar Prejudgment Interest Award

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March 24, 2015

In proceedings consistent with an Opinion of and Remand from the United States Court of Appeals for the Fifth Circuit, Jack Ables' insurer clients have received a district court award of over $2.1 million in prejudgment interest owed because of the wrongful refusal of the defendant to pay his seven-figure personal guaranty, given in relation to the settlement of a R.I.C.O. insurance premium fraud litigation earlier brought against the defendant by Ables' clients.