The Connecticut Appellate Court ruled Wednesday that the town of Fairfield may not make claims for millions in losses to its pension fund due to disgraced financier Bernard Madoff's fraud scheme.
Cigna announced Tuesday it will add at least 200 jobs in the next two years at its Bloomfield site in exchange for a $50 million package of tax credits and will change its headquarters from Philadelphia to the Connecticut location.
Connecticut has become the first state to require companies to provide employees with paid sick leave with legislation signed into law by Gov. Dannel P. Malloy, who announced his action Tuesday.
Lawyers representing Fairfield, Conn., asked the state's Appellate Court on Thursday to reverse a lower court ruling that the town cannot make claims for losses due to disgraced financier Bernard Madoff's fraud.