Jury deadlocks over Marin bank’s alleged complicity in $250 million scam

siliconvalley.com/2025/03/06/jury-deadlocks-over-marin-banks-alleged-complicity-in-scam

A federal jury has deadlocked in a trial to determine if Umpqua Bank abetted a Novato-based financial scheme that bilked some 1,200 investors out of more than $250 million.
The three-week trial stemmed from a class-action lawsuit that aggrieved investors filed against the bank. The jury…

This story appeared on siliconvalley.com, 2025-03-06 14:50:01.
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