Greg Lindberg News

SEC Charges Lindberg Misappropriated $75M from His Insurance Companies

One day after a judge set a new trial date for former Carolina insurance executive Greg Lindberg’s bribery case, the U.S. Securities and Exchange Commission charged that Lindberg and an associate had defrauded clients out of $75 million by using …

North Carolina Raises Limit on Aid for Lindberg Firms’ Policyholders

Policyholders with three insurance companies once owned by billionaire Greg Lindberg and who have as much as $50,000 in the bank may now qualify for financial hardship payments, the North Carolina insurance commissioner announced Wednesday. “This will make policy funds …

North Carolina Judge Orders Lindberg to Give Up Control of Firms to Repay Insurers

A North Carolina court has ordered jailed insurance and business entrepreneur Greg Lindberg to relinquish control of hundreds of his firms in a plan to salvage four of his insurance companies. The judge in Wake County found that Lindberg committed …