Don't want ads? Subscribe or login now.

Convicted Insurance Mogul's Co. Liable For $57M Fraud

By Ganesh Setty · March 18, 2025, 4:49 PM EDT

A Malta-based advisory firm controlled by convicted insurance mogul Greg Lindberg violated the Investment Advisers Act of 1940 by helping facilitate his misappropriation of $57 million in client funds, a North...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Order

Case Information

Case Title

UNITED STATES SECURITIES AND EXCHANGE COMMISSION v. LINDBERG et al

Case Number

1:22-cv-00715

Court

North Carolina Middle

Nature of Suit

Securities/Commodities

Date Filed

August 30, 2022

Recent Articles By Ganesh

March 20, 2025
Property Owner Demands Appraisal Of $10.5M Hail Claim
March 20, 2025
Bottler's Wine Contamination Coverage Bid Tossed For Good
March 19, 2025
8th Circ. Upholds No-Coverage Ruling In Floor Paint Suit
March 19, 2025
Insurers Say $40M Retirement Row Settlement Not Covered
March 18, 2025
9th Circ. Denies Bid To Halt $24M Deal In AIG Hidden Fee Case
March 13, 2025
Chubb Units Say Insurer Must Share $15M Explosion Costs
March 12, 2025
Mo. Court Finds Exclusion Bars Mallinckrodt Opioid Coverage
March 11, 2025
Lyft Driver Says Up To $1M In UIM Benefits Owed Over Crash
March 11, 2025
La. Eatery Must Litigate Hurricane Coverage Under NY Law
March 07, 2025
$48M Progressive Deal With NY Drivers Gets Finalized