Camenisch et al v. Umpqua Bank

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Case overview

Case Number:

5:20-cv-05905

See also:

Court:

California Northern

Nature of Suit:

Other Fraud

Multi Party Litigation:

Class Action

Judge:

P. Casey Pitts

Firms

Companies

Sectors & Industries:

  1. May 05, 2025

    Umpqua Bank Class Seeks Approval Of $55M Ponzi Suit Deal

    A class of Umpqua Bank investors has asked a California federal judge to give the initial OK to a $55 million settlement to end a suit alleging the bank helped execute a $300 million Ponzi scheme led by a since-deceased real estate investment manager.

  2. March 27, 2025

    Umpqua Bank Strikes Deal With Investors In $300M Ponzi Suit

    Umpqua Bank and a class of investors on Thursday informed a California federal judge they've reached a settlement to resolve claims the bank helped execute an alleged $300 million Ponzi scheme led by a since-deceased real estate investment manager.