Umpqua Bank Class Seeks Approval Of $55M Ponzi Suit Deal
By Katryna Perera ( May 5, 2025, 3:23 PM EDT) -- A class of Umpqua Bank investors has asked a California federal judge to give the initial OK to a $55 million settlement to end a suit alleging the bank helped execute a $300 million Ponzi scheme led by a since-deceased real estate investment manager....
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