Margul et al v. Evolve Bank & Trust et al

  1. September 18, 2025

    AMG Must Face $85M Fintech Collapse Suit, Customers Say

    Account holders and customers of fintech platforms urged a Colorado federal judge Wednesday to reject AMG National Trust Bank's bid to exit litigation attempting to hold it liable for monetary losses related to the collapse of fintech middleman Synapse, arguing AMG's motion is based on faulty data from a consulting group.

  2. June 04, 2025

    Lineage Bank Denies Duty In $85M Fintech Collapse Suit

    Tennessee-based Lineage Bank on Wednesday asked a Colorado federal judge to dismiss it from a proposed class action related to $85 million in funds that allegedly went missing after the failure of fintech-to-bank middleman company Synapse Financial, arguing the lawsuit doesn't allege Lineage owed a legal duty to the consumers.

  3. February 07, 2025

    3 Firms Seek To Co-Lead Suits Over Banks' Synapse Ties

    Attorneys from three firms are seeking to represent fintech customers in consolidated class claims in Colorado federal court against several banks over $85 million in funds that went missing after the failure of fintech-to-bank middleman company Synapse Financial.

  4. November 26, 2024

    Customers Sue Fintech Partner Banks After Processor Failure

    Five banks holding funds for customers of fintech platforms face proposed class action claims of gross mismanagement after "significant ledger irregularities" totaling $85 million were discovered in the wake of an intermediary software company's bankruptcy.