Bagatelos et al v. Umpqua Bank

  1. 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.

  2. 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.

  3. 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.