January 23, 2015
An Indiana federal judge said Thursday that the Federal Deposit Insurance Corp., as receiver for Integra Bank NA, can recover up to $15.2 million from Fidelity and Deposit Co. of Maryland in a suit seeking coverage for losses from loans to Ponzi schemer Lou Pearlman.
December 02, 2014
An Indiana federal judge Tuesday denied Fidelity and Deposit Co. of Maryland's summary judgment bid in Integra Bank NA's suit seeking coverage for losses from $29 million in loans to Ponzi schemer Lou Pearlman, saying questions remained on when the bank discovered its losses and whether they were covered.
February 11, 2011
Integra Bank Corp. sued its insurer Fidelity and Deposit Co. of Maryland on Friday, demanding coverage of $22 million in losses stemming from loans a former employee issued to Ponzi schemer Lou Pearlman.