Credit Union, Insurers End Embezzlement Coverage Dispute

By Hope Patti · September 22, 2025, 6:10 PM EDT

A credit union seeking coverage for $5.5 million in embezzled funds agreed to end a suit accusing its fidelity bond insurers of secretly amending policy language to avoid coverage for "virtually...

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Case Information

Case Title

SOUTHERN PINE CREDIT UNION v. COACTION GLOBAL, INC. et al

Case Number

7:22-cv-00052

Court

Georgia Middle

Nature of Suit

Insurance

Date Filed

June 07, 2022