Fidelity Bonds Must Cover Embezzlement, Credit Union Says

By Josh Liberatore · June 8, 2022, 2:28 PM EDT

A credit union seeking coverage for millions in embezzled funds sued its fidelity bond insurers in Georgia federal court, alleging that the insurers secretly amended policy language to escape covering "virtually...

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Case Information

Case Title

SOUTHERN PINE CREDIT UNION v. COACTION GLOBAL, INC. et al

Case Number

7:22-cv-00052

Court

Georgia Middle

Nature of Suit

Insurance

Date Filed

June 07, 2022