A class action lawsuit has been filed against California's State Compensation Insurance Fund and some of its former top executives, accusing them of "self-dealing" and for "improperly diverting" funds. The law firm of Pearson, Simon, Soter, Warshaw & Penny, LLP. in Sherman Oaks is asking the court to certify the case as a class action and they are seeking $25 million in compensatory damages and $50 million in punitive damages for all California employers that purchased workers' compensation policies from the company.
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