The New York Times
The former Illinois governor James R. Thompson, who served as special counsel to the embattled union-owned insurance company Ullico said the company had made false and defamatory statements about his highly critical report concerning stock trades by many Ullico directors. Mr. Thompson noted that Ullico said he had found no violations even though his report found compelling evidence of violations of state fiduciary law. Mr. Thompson, who was hired to do an independent investigation of the trading, said Ullico had defamed him and his law firm by saying he was ill-served by a staff that did not fully explore laws about fiduciary duties. Ullico denied misrepresenting the report.