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Drama diffused: plea deal, settlement close big cases.

Publication: Indianapolis Business Journal
Publication Date: 16-JAN-06 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Drama diffused: plea deal, settlement close big cases.(guilty plea from wheeler-dealer James T. O'Neal Jr. and a settlement by former Conseco Inc. executive Rollin Dick)

Article Excerpt
Two upcoming, high-profile business trials now are off the schedule, thanks to a guilty plea from wheeler-dealer James T. O'Neal Jr. and a settlement by former Conseco Inc. executive Rollin Dick.

O'Neal, 60, a Carmel native accused of swindling some of Indianapolis' wealthiest investors out of millions of dollars, just before Christmas reached an agreement with prosecutors under which he pleaded guilty to two of the 82 felony counts against him. He could face up to six years in prison.

Dick, 74, last month reached a proposed settlement of a civil accounting fraud lawsuit filed two years ago by the U.S. Securities and Exchange Commission. The pact remains confidential, pending approval by the five-member SEC panel in Washington. Such agreements...

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