A Florida insurance company told a New Jersey federal judge Friday it has agreed to dismiss its lawsuit alleging that a group of insurance and marketing businesses conspired to illegally sell health plans associated with Native American tribes.
A Florida insurance company's federal lawsuit alleged that several businesses are scheming to illegally sell health plans associated with Native American tribes, though the businesses being sued said the claims are just the latest salvo in a years-long legal battle that stems from a deal gone bad.
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On Wednesday in the Southern District of Florida, ABS Healthcare Services, Health Option One LLC, and One Stop Quotes Inc. (OSQ) filed a complaint against various individuals and entities over allegations that the defendants operated a scheme to misappropriate the plaintiffs’ confidential business information through racketeering.
The plaintiffs summarized their allegations astutely at the top of their complaint: “This case is about dishonesty, fraud, and greed.” ABS and Health Option One, both doing business as health and life insurer Insurance Care Direct (ICD), along with OSQ, alleged that two of the defendants, Andrew and Corey Shader both former ICD employees began and have been directing a group of individuals and organizations to “surreptitiously and illicitly compete with ICD” through stealing trade secrets, proprietary information, and the plaintiffs’ customer base to enrich themselves.