Zurich Says Exclusion Bars Coverage For Bank's Ponzi Suits

By Josh Liberatore · August 1, 2022, 1:55 PM EDT

Pacific Premier Bank isn't entitled to coverage of several underlying suits alleging it helped keep a Ponzi scheme afloat by offering ill-advised lines of credit, a Zurich unit told a California...

To view the full article, register now.

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