Articles Tagged with Broker Fraud Lawyer

Colorado Bankers Life Insurance Holders Should Speak With A Skilled Annuity Loss Lawyer

NC Appeals Court Rules Insurance Magnate Greg Lindberg Is Liable for Fraud

A unanimous North Carolina Court of Appeals panel has ruled that Colorado Bankers Life Insurance owner Greg Lindberg is liable for fraud and breach of contract related to the now insolvent insurers that he bought in 2014. He could end up having to pay hundreds of millions of dollars. The appellate judges overruled the 2022 ruling by a trial judge who had decided not to award damages. Now, the civil lawsuit will go back to a trial court where the “proper remedy” will be decided. The plaintiffs include Lindberg’s companies:

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