Cash Advance Co. Loses Coverage Bid For $1B NYAG Row

By Katryna Perera · August 11, 2026, 10:40 PM EDT

Merchant capital advance provider Yellowstone Capital LLC has lost its bid for coverage of costs incurred in a $1 billion settlement with the New York attorney general over claims that it...

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Case Information

Case Title

YELLOWSTONE CAPITAL LLC et al v. ARGONAUT INSURANCE COMPANY

Case Number

2:25-cv-18001

Court

New Jersey

Nature of Suit

Insurance

Date Filed

November 26, 2025