Court Denies Zurich's Bid To Skirt Coverage Of Ponzi Suits

By Josh Liberatore · September 23, 2022, 8:06 PM EDT

Pacific Premier Bank can continue seeking insurance coverage for underlying suits alleging it helped keep a Ponzi scheme afloat by offering ill-advised lines of credit, a California federal judge said Friday,...

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Documents

Case Information

Case Title

Pacific Premier Bancorp, Inc. et al v. Zurich American Insurance Company

Case Number

8:22-cv-00842

Court

California Central

Nature of Suit

Insurance

Date Filed

April 21, 2022