Insurer Calls Convicted Mogul's $633M IOU 'Worthless' Ruse

By Travis Bland · June 13, 2024, 5:29 PM EDT

Convicted insurance mogul Greg Lindberg has offered a "worthless" $633 million promise as a ruse to end an insurance company's bid to collect a $524 million arbitration award, a North Carolina...

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Case Information

Case Title

UNIVERSAL LIFE INSURANCE COMPANY v. LINDBERG

Case Number

1:20-cv-00681

Court

North Carolina Middle

Nature of Suit

Contract: Other

Date Filed

July 24, 2020