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Zurich Must Cover Ponzi Scheme Suits, Bank Says

By Josh Liberatore ( April 22, 2022, 2:43 PM EDT) -- Pacific Premier Bank told a California federal court that a Zurich unit must cover its defense of several suits alleging that the bank helped keep a Ponzi scheme afloat by offering ill-advised lines of credit, saying a so-called lending acts exclusion doesn't completely rule out coverage....

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