Ex-MLN CEO Seeks Injunction on Charges

Mitch Heffernan, the former president and chief executive of the defunct Mortgage Lenders Network, recently sought an injunction in bankruptcy court to stop the Connecticut Department of Labor from pursuing criminal charges against him, according to an article published in the Hartford Courant.The office of a Connecticut state's attorney blocked the injunction and defended the department's right to seek the warrant. The department applied for an arrest warrant for Mr. Heffernan that would charge him with 61 counts of failing to pay wages to employees at MLN, which filed for bankruptcy in March. The arrest warrant for Mr. Heffernan is still pending at the state's attorney's office, said Nancy Stefans, a representative of the department. MLN was a top-20-ranked subprime lender.