North Carolina insurance executive and reported billionaire Greg Lindberg, now awaiting a second trial on bribery charges, says he has a buyer for his troubled insurance companies. But state regulators point out that liquidation proceedings have already begun. As of …
An investment group founded by embattled insurance executive Greg Lindberg has filed an objection to North Carolina regulators’ plan to liquidate two of Lindberg’s insurance companies, arguing that the companies could be sold and benefits paid quickly. “We deeply disagree …
The legal and financial troubles for former North Carolina insurance executive Greg Lindberg have not gone away after he won a new trial on bribery charges. This week, the U.S. Treasury filed a complaint in federal court, charging that Lindberg …
One day after a judge set a new trial date for former Carolina insurance executive Greg Lindberg’s bribery case, the U.S. Securities and Exchange Commission charged that Lindberg and an associate had defrauded clients out of $75 million by using …
Policyholders with three insurance companies once owned by billionaire Greg Lindberg and who have as much as $50,000 in the bank may now qualify for financial hardship payments, the North Carolina insurance commissioner announced Wednesday. “This will make policy funds …
A North Carolina court has ordered jailed insurance and business entrepreneur Greg Lindberg to relinquish control of hundreds of his firms in a plan to salvage four of his insurance companies. The judge in Wake County found that Lindberg committed …
