Louis F. Moret
A CalPERS board member paid $67,000 to settle a civil fraud lawsuit tied to a political corruption probe in a Los Angeles suburb.
Louis F. Moret, appointed to a four-year term on the Cal-PERS board in February 2008, was sued by the city of South Gate after testifying in a criminal trial about his role in steering city contracts to preferred bidders. Four men were given prison sentences, including a powerful city treasurer whom Moret considered a prot
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