UNITED STATES SECURITIES AND EXCHANGE COMMISSION v. LINDBERG et al

  1. April 05, 2024

    Judge Wary Of Foley & Lardner Exit Bid From SEC Suit

    A request by Foley & Lardner LLP attorneys to stop representing a Malta-based registered investment adviser in a $75 million suit by the U.S. Securities and Exchange Commission is hanging in the balance after a North Carolina federal judge expressed concerns about their exit holding up the case.

  2. June 13, 2023

    Ex-NC Insurance Exec Agrees To Settle SEC's $75M Fraud Suit

    The U.S. Securities and Exchange Commission has asked a North Carolina federal judge to approve a settlement with former insurance executive Christopher Herwig, who the SEC claims defrauded clients out of $75 million alongside disgraced mogul Gregory Lindberg.

  3. January 06, 2023

    Investment Adviser Can't Dodge SEC's $75M Fraud Claims

    A Malta-based registered investment adviser was unable to get a $75 million suit by the U.S. Securities and Exchange Commission tossed, with a North Carolina federal judge ruling on Friday that the regulator's complaint "provides substantial detail" about the fraud alleged against the investment adviser and two of its North Carolina-based executives.

  4. November 01, 2022

    NC Insurance Exec Blasts $75M SEC Suit As A 'Shotgun' Case

    Two North Carolina-based insurance executives have asked a federal judge to toss a U.S. Securities and Exchange Commission suit against them alleging they defrauded clients out of more than $75 million through undisclosed transactions, with one calling it a "shotgun" case.

  5. August 30, 2022

    SEC Says NC Insurance Execs Stole $75M From Clients

    The U.S. Securities and Exchange Commission filed suit Tuesday against two North Carolina-based insurance executives and their Malta-based registered investment adviser for allegedly defrauding clients out of more than $75 million through undisclosed transactions that only benefited themselves.