September 07, 2021
A California federal judge has given the initial green light to the $54.2 million deal that a proposed class of investors struck with Comerica Bank in a suit accusing the bank of turning a blind eye to an alleged Ponzi scheme by Woodbridge Group.
August 09, 2021
A proposed class of investors told a California federal judge Friday they've reached a $54.2 million deal with Comerica Bank in a suit over an alleged Ponzi scheme by Woodbridge Group after accusing the bank of turning a blind eye to the plot.
April 19, 2021
A group of investors in the Woodbridge Group Ponzi scheme are asking a California federal judge to certify them as a class in a suit against Comerica Bank, which they say aided Woodbridge's fraud by ignoring "hundreds" of red flags of criminal activity.