Margul et al v. Evolve Bank & Trust et al
Case Number:
1:24-cv-03259
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Barack Ferrazzano
- Butler Snow LLP
- Emery Reddy
- Holland & Hart
- Kopelowitz Ostrow
- Markovits Stock
- Milberg Coleman
- Orrick Herrington
- Shamis & Gentile
- Stranch Jennings
- Wheeler Trigg
- Winget Spadafora
Companies
Sectors & Industries:
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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.
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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.
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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.