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Ex-Root Exec Cops To Stealing $10M For Vehicles, Surgery

The ex-chief marketing officer for Root Inc. pled guilty in Ohio federal court Tuesday to wire fraud and contempt after he embezzled more than $10.2 million from the insurance company during the single year he worked there, spending the money on luxury vehicles and plastic surgery, according to the U.S. Department of Justice.
United States Henrik Nilsson Root Inc Us Department Of Justice
Source: law360.com

Former Columbus insurance executive guilty of embezzling $10.2 million

COLUMBUS, Ohio (WCMH) – A former executive with a Columbus-based insurance company pleaded guilty to embezzling more than $10.2 million and spending the money on a yacht, plastic surgery, and other luxuries. Brinson Caleb Silver, 43, of Culver City, California, pleaded guilty to one count of wire fraud and one count of contempt of court […]
Jawa Timur United States Culver City Root Inc Us Attorney Office Caleb Silver
Source: yahoo.com

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Root, Inc. (NASDAQ:ROOT) Receives Average Recommendation of "Hold" from Brokerages

Root, Inc. (NASDAQ:ROOT – Get Free Report) has been given an average rating of “Hold” by the ten analysts that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and one has given a buy recommendation to the company. The […]
United States Mahtiyar Bonakdarpour America Corp Charles Schwab Investment Management Inc Root Company Profile Jefferies Financial Group

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