Bagatelos et al v. Umpqua Bank
Case Number:
3:23-cv-02759
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
-
April 26, 2024
Umpqua Bank Seeks Win On Investors' Ponzi Aiding Claims
Oregon-based Umpqua Bank has asked a San Francisco federal judge to toss claims that it aided and abetted a $250 million real estate Ponzi scheme, arguing the investors who brought the suit saw that their funds were put into "legitimate" investments.
-
February 09, 2024
Judge Refuses To Quash Subpoenas In Umpqua Bank Case
A California federal judge has rejected a group of investors' effort to quash a series of subpoenas served by Umpqua Bank on third parties, ruling that the investors lacked merit in their opposition and that the bank adhered to the rules of discovery.
-
August 08, 2023
Bank Denies Knowledge Of Real Estate Ponzi Scheme
Umpqua Bank denied having any knowledge of a Ponzi scheme orchestrated by a now-deceased real estate investment manager, telling a California federal judge Monday that a suit lodged by investors should be tossed.