Crain's Cleveland Business and the Columbus Dispatch report that Mark D. Lay has agreed to pay the state $5 million to settle the civil suit the state filed in June 2005 to try and collect $216 million in losses to the Ohio Bureau of Workers Compensation fund. Lay was embroiled in a larger scandal at the Bureau for his part in losses from a Bermuda hedge fund. The docket in this case can be found by searching Docket No. 05 CV 006357 at the Franklin County Clerk of Court's website. Lay is currently seeking a new trial on his Akron federal district court convictions for investment advisory fraud, conspiracy to commit mail and wire fraud, and mail fraud. For information on his criminal case, search Docket No. 1:07-cr-00339-DDD-1 on PACER.