4th Circuit Affirms Dismissal Of Suit Against Former Owner Of Insolvent Insurers

(June 10, 2024, 2:27 PM EDT) -- RICHMOND, Va. — The Fourth Circuit U.S. Court of Appeals on June 7 affirmed dismissal of a fraudulent concealment suit by a call center company against a holding company and its owner, Greg E. Lindberg, who also previously owned now-insolvent insurers and was convicted of bribery in an unrelated action, finding that the call center company failed to allege that Lindberg’s holding company knew about his unlawful conduct....