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The sentencing of Michael Segal, the former head of the Chicago insurance brokerage firm Near North, convicted of embezzlement last year, was postponed as the court awaits a psychiatric evaluation.

Mr. Segal, whose sentencing hearing was scheduled for last week, has seen the proceeding postponed until the evaluation is completed. His defense attorneys contend that he suffers from attention deficit disorder and is unable to assist in his sentencing defense.

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