Convicted Insurance Magnate Settles SEC's $57M Fraud Suit

By Hayley Fowler · March 12, 2025, 7:11 PM EDT

Convicted insurance mogul Greg Lindberg has netted a deal with the U.S. Securities and Exchange Commission to resolve claims he misappropriated $57 million in client funds, tying up the civil suit...

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Case Information

Case Title

UNITED STATES SECURITIES AND EXCHANGE COMMISSION v. LINDBERG et al

Case Number

1:22-cv-00715

Court

North Carolina Middle

Nature of Suit

Securities/Commodities

Date Filed

August 30, 2022