The states of New Jersey and Ohio have won a $400 million settlement from a company which insured several of their state programs, including workers compensation.

The plaintiffs include several state programs in both states, including workers compensation. They claimed that the company had been making misleading statements to investors, and originally brought the suit against the company in 2004. The insurance company opted to settle out of court to the tune of $400 million, although the terms of the settlement say that the company accepts no culpability, nor admits any guilt.

If you or someone you know is not receiving the workers compensation payments that he or she deserves, contact the New Jersey workers compensation lawyers of Levinson Axelrod by calling 800-346-5529.