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'''Greg Lindberg''' is an American business owner and founder of the [https://www.globalgrowth.com Global Growth]<ref>{{Cite web|url=https://www.globalgrowth.com|title=Global Growth|last=|first=|date=|website=|url-status=live|archive-url=|archive-date=|access-date=}}</ref> Family of Companies. More about Greg Lindberg at <nowiki>https://www.greglindberg.com</nowiki><ref>{{Cite web|url=https://www.greglindberg.com|title=Greg E. Lindberg|last=|first=|date=|website=|url-status=live|archive-url=|archive-date=|access-date=}}</ref>
== Education and Early Life ==
Greg was born in San Mateo, CA in 1970, the youngest of five children. His father was an airline pilot and his mother was a homemaker. He started a high school newspaper the Gryphon’s Tale at Crystal Springs Uplands School in Hillsborough CA and later graduated cum laude. While a freshman at [[Yale University]] Greg founded Eli Magazine, a political satire magazine. Later at Yale, Greg started the company that would become the Global Growth group of companies. In 1991 he launched Home Care Week, a reimbursement newsletter for home health agencies that one Global Growth company still publishes today. Greg graduated from Yale magna cum laude and Phi Beta Kappa with an honors economics degree in 1993.
The founding theme of the high school newspaper, the undergraduate college magazine, and Home Care Week newsletter was Greg’s love of the written word. His earliest inspirations were publishers like William Randolph Hearst. He got the idea to start a newsletter company from Howard Ruff who published the Ruff Times, a newsletter that his mother subscribed to.
From Greg’s roots as a publisher, he is a strong believer in the freedom of the press and the freedom of the people in the jurisdictions where Global Growth operate.
== Career ==
Greg has “been in the arena” for over 28 years building the companies that make up what is known today as the Global Growth family of companies. He started a small health insurance compliance and reimbursement newsletter business with $5,000 in 1991 that became the predecessor company to Global Growth.
Greg has completed over 125 acquisitions across the services and knowledge-based sectors of the global economy generating a 35 percent compound annual growth rate on equity capital.
Greg has made investments in Europe, the United States, the United Kingdom, Central America, Hong Kong, Australia and the Middle East. In all of these global endeavors he has followed the advice of Teddy Roosevelt, and has been one who is “actually in the arena, whose face is marred by dust and sweat and blood.”
Greg has overcome and survived a brain tumor, and, is currently fighting unjust charges stemming from a political opponent, fighting false and defamatory media reports, and fighting for a sound future for his insurance businesses despite rapid and unforeseen changes in insurance regulation.
Greg is also an active philanthropist who donates to food banks, created a multi-million dollar scholarship program for HBCUs (Historically Black Colleges & Universities), and funded research for and UNC project focused on vaccine issues.
== '''The Global Growth Model''' ==
Since its beginnings, Global Growth has embraced a contrarian, decentralized business model. “We partner with great leaders and step out of their way,” says Lindberg. Global Growth companies are autonomous and independent. Global Growth sets high expectations for leaders, and they meet them. Global Growth corporate headquarters, under Greg Lindberg’s leadership, is small and will stay that way. “We don’t want our businesses looking to ‘HQ’ for leadership,” says Greg Lindberg. “We want to empower leadership and ownership thinking at all levels: sales person as leader, telemarketer as leader, customer service rep as leader.”
Global Growth invests for the long term and invests capital in growth industries around the world with the proprietary investment origination capacity that Global Growth builds “in house.”
Global Growth uses a buy and hold, permanent capital model to invest a significant percentage of its’ capital in companies that add to the greater good with an emphasis in health care, technology, and financial services worldwide.
== '''Philanthropy''' ==
In June 2018, Greg gave $50,000 donation to [[UNC School of Medicine]] support research that may help determine the best time to inform parents about the value of vaccinating children. Greg provided the necessary resources to advance current knowledge on this critical issue.“Investing in this important research at UNC School of Medicine is in keeping with Eli Global’s commitment to support initiatives that improve health and well-being across the age spectrum,” said Lindberg.
In April 2018, Greg donated $50,000 to [[The Community Food Bank of Eastern Oklahoma]]. The donation enabled the Food Bank to purchase an additional 250,000 pounds of fresh produce.
Greg has also funded ground breaking fundamental and applied scientific research and clinical studies related to human longevity and to the treatment of advanced Parkinson’s disease.
== '''In the News''' ==
Greg Lindberg has made numerous, non-partisan political donations to both Republican and Democrats but overall has become one of the largest donors to North Carolina Republicans.
Since the indictment, the [[Wall Street Journal]], specifically journalist, [[Mark Maremont]] , has featured Lindberg in numerous articles; Lindberg released several rebuttals to these stories on his website, [https://www.greglindberg.com www.greglindberg.com.]
On July 20, 2018, [[WRAL-TV|WRAL]] published an article about Lindberg and his donation of $1 million to a scholarship program for business students at North Carolina HBCUs, organizers said Friday. Full article can be found [https://www.wral.com/political-donor-lindberg-ponies-up-1-million-for-hbcu-scholarships/17711293/ here].<ref>{{Cite web|url=https://www.wral.com/political-donor-lindberg-ponies-up-1-million-for-hbcu-scholarships/17711293/|title=Political Donor Lindberg Ponies up 1 Million for HBCU Scholarships|last=|first=|date=|website=|url-status=live|archive-url=|archive-date=|access-date=}}</ref>
On March 1, 2019, Aaron Tobin, counsel to Greg E. Lindberg, issued the following statement in response to media and other inquiries regarding the February 28, Wall Street Journal article[https://www.wsj.com/articles/financier-who-amassed-insurance-firms-diverted-2-billion-into-his-private-empire-11551367856]<ref>{{Cite news|url=https://www.wsj.com/articles/financier-who-amassed-insurance-firms-diverted-2-billion-into-his-private-empire-11551367856|title=Financier Who Amassed Insurance Firms Diverted $2 Billion Into His Private Empire|last=Scism|first=Mark Maremont and Leslie|date=2019-03-01|work=Wall Street Journal|access-date=2019-11-05|language=en-US|issn=0099-9660}}</ref>:
''“The Wall Street Journal (WSJ) article contains numerous inaccuracies and errors in fact''”. As Mr. Tobin wrote to the assistant general counsel of the WSJ last night: Lindberg did not "divert" $2 billion into his alleged private empire, No money was ever invested in "insolvent" affiliates, and Mr. Tobin also noted that the WSJ was given the information below over a week ago however chose to omit these important facts when publishing their story. See full article [https://www.prnewswire.com/news-releases/facts-omitted-from-the-wall-street-journal-story-about-greg-lindberg-and-his-companies-300805580.html here].<ref>{{Cite web|url=https://www.prnewswire.com/news-releases/counsel-for-greg-lindberg-sets-the-record-straight-on-numerous-errors--inaccuracies-in-recent-wall-street-journal-article-300805134.html|title=Counsel for Greg Lindberg Sets the Record Straight on Numerous Errors and Inaccuracies in recent Wall Street Journal Article|last=|first=|date=|website=|url-status=live|archive-url=|archive-date=|access-date=}}</ref>
March 3, 2019. Mr. Lindberg’s colleagues and representatives spent weeks answering detailed questions in response to a Wall Street Journal article . Unfortunately, key facts were omitted from the story. See full article [https://www.prnewswire.com/news-releases/facts-omitted-from-the-wall-street-journal-story-about-greg-lindberg-and-his-companies-300805580.html here]. <ref>{{Cite web|url=https://www.prnewswire.com/news-releases/facts-omitted-from-the-wall-street-journal-story-about-greg-lindberg-and-his-companies-300805580.html|title=Facts Omitted From The Wall Street Journal Story About Greg Lindberg And His Companies|last=Lindberg|first=Spokesperson for Greg E.|website=www.prnewswire.com|language=en|access-date=2019-11-05}}</ref>
On Oct. 3, 2019, Robert Gaddy, President of Apex International, LLC, issued a statement as a rebuttal for [https://www.wsj.com/articles/active-interest-insurance-tycoon-spied-on-women-who-caught-his-eye-11570117310?mod=searchresults&page=1&pos=8 a Wall Street Journal article] <ref>{{Cite news|url=https://www.wsj.com/articles/active-interest-insurance-tycoon-spied-on-women-who-caught-his-eye-11570117310|title=‘Active Interest’: Insurance Tycoon Spied on Women Who Caught His Eye|last=Scism|first=Mark Maremont and Leslie|date=2019-10-03|work=Wall Street Journal|access-date=2019-11-05|language=en-US|issn=0099-9660}}</ref>piece that sought to vilify Lindberg and shed Lindberg’s personal life in a negative light. Gaddy stated: "''The Wall Street Journal story published today appears to be based on Jeffrey Serber, a disgruntled ex-employee of the firm who was terminated and was sued for breach of contract, theft, misappropriation, fraud and for making representations that falsified his military record. What he has apparently told reporters at the Wall Street Journal is no more credible than the resume he gave us and subsequent claims he made about his experience. The result is an unfair story containing numerous inaccuracies from a source who has demonstrated that he lacks credibility."'' There is currently a lawsuit against Serber for theft of company property, fraud, and Stolen Valor. See full article [https://www.prnewswire.com/news-releases/security-firm-calls-wall-street-journals-lindberg-story-unfair-and-inaccurate-300931028.html here.]<ref>{{Cite web|url=https://www.prnewswire.com/news-releases/facts-omitted-from-the-wall-street-journal-story-about-greg-lindberg-and-his-companies-300805580.html|title=Facts Omitted From The Wall Street Journal Story About Greg Lindberg And His Companies|last=Lindberg|first=Spokesperson for Greg E.|website=www.prnewswire.com|language=en|access-date=2019-11-05}}</ref><ref>{{Cite web|url=https://www.prnewswire.com/news-releases/security-firm-calls-wall-street-journals-lindberg-story-unfair-and-inaccurate-300931028.html|title=Security Firm Calls Wall Street Journal's Greg Lindberg Story "Unfair and Inaccurate"|last=LLC|first=Apex International|website=www.prnewswire.com|language=en|access-date=2019-11-05}}</ref>
On Oct. 10, 2019, Lindberg said that contrary to media reports, the bankruptcy filing of Agera Energy, LLC is not a sign of nor will it cause financial stress at companies owned by Greg Lindberg's main holding company Academy Association, Inc. Agera was not an acquisition that Mr. Lindberg's investment team sought out. The investment stake in Agera was inherited as part of an acquisition of a Bermuda insurance company. Mr. Lindberg and his affiliates invested over $100 million in Agera and the decision to no longer support the investment was made with full approval of insurance regulators. See full article [https://www.prnewswire.com/news-releases/agera-bankruptcy-filing-not-a-sign-of-financial-stress-at-greg-lindbergs-companies-300936888.html here]<ref>{{Cite web|url=https://www.prnewswire.com/news-releases/agera-bankruptcy-filing-not-a-sign-of-financial-stress-at-greg-lindbergs-companies-300936888.html|title=Agera Bankruptcy Filing Not a Sign of Financial Stress at Greg Lindberg's Companies|last=LLC|first=Global Growth|website=www.prnewswire.com|language=en|access-date=2019-11-05}}</ref>:
On, Oct. 23, 2019, Greg E. Lindberg announced that he retained Louis Freeh, former Federal Judge and FBI Director, and his firm Freeh, Sporkin & Sullivan to examine and render advice regarding financial aspects of Mr. Lindberg’s business entities, with respect to, among other things, assertions made by the North Carolina Insurance Department, as well as those made in recent press accounts, pending litigation, and regulatory matters relating to his insurance companies that are currently in rehabilitation. “Mr. Lindberg has asserted from the outset that the allegations about his insurance companies and him are false and is pleased that Mr. Freeh and his team to have agreed to take on this assignment,” a spokesperson for Mr. Lindberg stated. Full article [https://www.prnewswire.com/news-releases/greg-lindberg-retains-former-fbi-director-louis-freeh-to-examine-business-entities-300944411.html here]<ref>{{Cite web|url=https://www.prnewswire.com/news-releases/greg-lindberg-retains-former-fbi-director-louis-freeh-to-examine-business-entities-300944411.html|title=Greg Lindberg Retains Former FBI Director Louis Freeh to Examine Business Entities|last=Lindberg|first=Greg|website=www.prnewswire.com|language=en|access-date=2019-11-05}}</ref>.
On Nov 11, 2019, WRAL released an article detailing Lindberg's demeanor and courtroom behavior during several lawsuit depositions. WRAL reported Lindberg's behavior as "evasive" and displayed a "pattern of delay" on several lawsuits including: lawsuit with Tisha Lindberg, Ajay Gupta, and several other businesses. Full article [https://www.wral.com/lawsuits-against-nc-political-donor-show-pattern-of-delay-lack-of-cooperation/18745692/ here]<ref>{{Cite web|url=https://www.wral.com/lawsuits-against-nc-political-donor-show-pattern-of-delay-lack-of-cooperation/18745692/|title=Lawsuits against NC political donor show pattern of delay, lack of cooperation|last=WRAL|date=2019-11-11|website=WRAL.com|language=en|access-date=2019-11-12}}</ref>.
==References==
<references />
{{DEFAULTSORT:Lindberg, Greg}}
[[Category:Year of birth missing (living people)]]
[[Category:Living people]]
[[Category:American company founders]]
[[Category:20th-century American businesspeople]]
[[Category:21st-century American businesspeople]]
[[Category:Yale University alumni]]' |
New page wikitext, after the edit (new_wikitext ) | '{{BLP sources|date=June 2019|reason=More Citations Needed}}
'''Greg Lindberg''' is an American business owner and founder of the [https://www.globalgrowth.com Global Growth]<ref>{{Cite web|url=https://www.globalgrowth.com|title=Global Growth|last=|first=|date=|website=|url-status=live|archive-url=|archive-date=|access-date=}}</ref> Family of Companies. More about Greg Lindberg at <nowiki>https://www.greglindberg.com</nowiki><ref>{{Cite web|url=https://www.greglindberg.com|title=Greg E. Lindberg|last=|first=|date=|website=|url-status=live|archive-url=|archive-date=|access-date=}}</ref>
== Education and Early Life ==
Greg was born in San Mateo, CA in 1970, the youngest of five children. His father was an airline pilot and his mother was a homemaker. He started a high school newspaper the Gryphon’s Tale at Crystal Springs Uplands School in Hillsborough CA and later graduated cum laude. While a freshman at [[Yale University]] Greg founded Eli Magazine, a political satire magazine. Later at Yale, Greg started the company that would become the Global Growth group of companies. In 1991 he launched Home Care Week, a reimbursement newsletter for home health agencies that one Global Growth company still publishes today. Greg graduated from Yale magna cum laude and Phi Beta Kappa with an honors economics degree in 1993.
The founding theme of the high school newspaper, the undergraduate college magazine, and Home Care Week newsletter was Greg’s love of the written word. His earliest inspirations were publishers like William Randolph Hearst. He got the idea to start a newsletter company from Howard Ruff who published the Ruff Times, a newsletter that his mother subscribed to.
From Greg’s roots as a publisher, he is a strong believer in the freedom of the press and the freedom of the people in the jurisdictions where Global Growth operate.
== Career ==
<ref>{{Cite web|url=https://www.greglindberg.com/|title=Greg E. Lindberg {{!}} Founder of Global Growth|language=en-US|access-date=2019-11-12}}</ref>Greg has “been in the arena” for over 28 years building the companies that make up what is known today as the Global Growth family of companies. He started a small health insurance compliance and reimbursement newsletter business with $5,000 in 1991 that became the predecessor company to Global Growth.
Greg has completed over 125 acquisitions across the services and knowledge-based sectors of the global economy generating a 35 percent compound annual growth rate on equity capital.
Greg has made investments in Europe, the United States, the United Kingdom, Central America, Hong Kong, Australia and the Middle East. In all of these global endeavors he has followed the advice of Teddy Roosevelt, and has been one who is “actually in the arena, whose face is marred by dust and sweat and blood.”
Greg has overcome and survived a brain tumor, and, is currently fighting unjust charges stemming from a political opponent, fighting false and defamatory media reports, and fighting for a sound future for his insurance businesses despite rapid and unforeseen changes in insurance regulation.
Greg is also an active philanthropist who donates to food banks, created a multi-million dollar scholarship program for HBCUs (Historically Black Colleges & Universities), and funded research for and UNC project focused on vaccine issues.
<ref>{{Cite web|url=https://www.corporationwiki.com/North-Carolina/Durham/greg-e-lindberg-P2694177.aspx|title=Greg Lindberg - Chairman for Colorado Bankers Life Insurance Company|website=Corporation Wiki|language=en|access-date=2019-11-12}}</ref>Public records indicate Greg Lindberg has been associated with forty-four companies. The companies were formed over a forty-three year period with the most recent being incorporated seven months ago in April of 2019. Thirty-Four of the companies are still active while the remaining ten are now listed as inactive.
== '''The Global Growth Model''' ==
Since its beginnings, Global Growth has embraced a contrarian, decentralized business model. “We partner with great leaders and step out of their way,” says Lindberg. Global Growth companies are autonomous and independent. Global Growth sets high expectations for leaders, and they meet them. Global Growth corporate headquarters, under Greg Lindberg’s leadership, is small and will stay that way. “We don’t want our businesses looking to ‘HQ’ for leadership,” says Greg Lindberg. “We want to empower leadership and ownership thinking at all levels: sales person as leader, telemarketer as leader, customer service rep as leader.”
Global Growth invests for the long term and invests capital in growth industries around the world with the proprietary investment origination capacity that Global Growth builds “in house.”
Global Growth uses a buy and hold, permanent capital model to invest a significant percentage of its’ capital in companies that add to the greater good with an emphasis in health care, technology, and financial services worldwide.
== '''Philanthropy''' ==
In June 2018, Greg gave $50,000 donation to [[UNC School of Medicine]] support research that may help determine the best time to inform parents about the value of vaccinating children. Greg provided the necessary resources to advance current knowledge on this critical issue.“Investing in this important research at UNC School of Medicine is in keeping with Eli Global’s commitment to support initiatives that improve health and well-being across the age spectrum,” said Lindberg.
In April 2018, Greg donated $50,000 to [[The Community Food Bank of Eastern Oklahoma]]. The donation enabled the Food Bank to purchase an additional 250,000 pounds of fresh produce.
Greg has also funded ground breaking fundamental and applied scientific research and clinical studies related to human longevity and to the treatment of advanced Parkinson’s disease.
== '''In the News''' ==
Greg Lindberg has made numerous, non-partisan political donations to both Republican and Democrats but overall has become one of the largest donors to North Carolina Republicans.
In April, 2019, Lindberg his two business partners, John Gray and John Palermo Jr., along with chair of the NC Republican Party, Robin Hayes, were indicted for alleged financial crimes to include wire fraud and bribery. Lindberg's attorney, Anne Tompkins, told WUNC via email he "is innocent of the charges in the indictment and we look forward to demonstrating this when we get our day in court."<ref>{{Cite web|url=https://www.npr.org/2019/04/02/709124202/north-carolina-gop-chair-indicted-on-wire-fraud-bribery-charges|title=North Carolina GOP Chair Indicted On Wire Fraud, Bribery Charges|website=NPR.org|language=en|access-date=2019-11-12}}</ref> Full article [https://www.npr.org/2019/04/02/709124202/north-carolina-gop-chair-indicted-on-wire-fraud-bribery-charges here].
Since the indictment, the [[Wall Street Journal]], specifically journalist, [[Mark Maremont]] , has featured Lindberg in numerous articles; Lindberg released several rebuttals to these stories on his website, [https://www.greglindberg.com www.greglindberg.com.]
On July 20, 2018, [[WRAL-TV|WRAL]] published an article about Lindberg and his donation of $1 million to a scholarship program for business students at North Carolina HBCUs, organizers said Friday. Full article can be found [https://www.wral.com/political-donor-lindberg-ponies-up-1-million-for-hbcu-scholarships/17711293/ here].<ref>{{Cite web|url=https://www.wral.com/political-donor-lindberg-ponies-up-1-million-for-hbcu-scholarships/17711293/|title=Political Donor Lindberg Ponies up 1 Million for HBCU Scholarships|last=|first=|date=|website=|url-status=live|archive-url=|archive-date=|access-date=}}</ref>
In February 2019, the Wall Street Journal published an article about how Lindberg financed and built his fortune via diverting funds from insurance companies. According to the Journal, "The Yale-educated executive lent at least $2 billion from those insurers to scores of entities he controlled, using much of it to expand his private holdings, according to interviews, regulatory filings and more than 4,500 internal documents from Mr. Lindberg’s companies."<ref>{{Cite news|url=https://www.wsj.com/articles/financier-who-amassed-insurance-firms-diverted-2-billion-into-his-private-empire-11551367856|title=Financier Who Amassed Insurance Firms Diverted $2 Billion Into His Private Empire|last=Scism|first=Mark Maremont and Leslie|date=2019-03-01|work=Wall Street Journal|access-date=2019-11-12|language=en-US|issn=0099-9660}}</ref> Full article [https://www.wsj.com/articles/financier-who-amassed-insurance-firms-diverted-2-billion-into-his-private-empire-11551367856 here].
On March 1, 2019, Aaron Tobin, counsel to Greg E. Lindberg, issued the following statement in response to media and other inquiries regarding the February 28, Wall Street Journal article[https://www.wsj.com/articles/financier-who-amassed-insurance-firms-diverted-2-billion-into-his-private-empire-11551367856]<ref>{{Cite news|url=https://www.wsj.com/articles/financier-who-amassed-insurance-firms-diverted-2-billion-into-his-private-empire-11551367856|title=Financier Who Amassed Insurance Firms Diverted $2 Billion Into His Private Empire|last=Scism|first=Mark Maremont and Leslie|date=2019-03-01|work=Wall Street Journal|access-date=2019-11-05|language=en-US|issn=0099-9660}}</ref>:
''“The Wall Street Journal (WSJ) article contains numerous inaccuracies and errors in fact''”. As Mr. Tobin wrote to the assistant general counsel of the WSJ last night: Lindberg did not "divert" $2 billion into his alleged private empire, No money was ever invested in "insolvent" affiliates, and Mr. Tobin also noted that the WSJ was given the information below over a week ago however chose to omit these important facts when publishing their story. See full article [https://www.prnewswire.com/news-releases/facts-omitted-from-the-wall-street-journal-story-about-greg-lindberg-and-his-companies-300805580.html here].<ref>{{Cite web|url=https://www.prnewswire.com/news-releases/counsel-for-greg-lindberg-sets-the-record-straight-on-numerous-errors--inaccuracies-in-recent-wall-street-journal-article-300805134.html|title=Counsel for Greg Lindberg Sets the Record Straight on Numerous Errors and Inaccuracies in recent Wall Street Journal Article|last=|first=|date=|website=|url-status=live|archive-url=|archive-date=|access-date=}}</ref>
March 3, 2019. Mr. Lindberg’s colleagues and representatives spent weeks answering detailed questions in response to a Wall Street Journal article . Unfortunately, key facts were omitted from the story. See full article [https://www.prnewswire.com/news-releases/facts-omitted-from-the-wall-street-journal-story-about-greg-lindberg-and-his-companies-300805580.html here]. <ref>{{Cite web|url=https://www.prnewswire.com/news-releases/facts-omitted-from-the-wall-street-journal-story-about-greg-lindberg-and-his-companies-300805580.html|title=Facts Omitted From The Wall Street Journal Story About Greg Lindberg And His Companies|last=Lindberg|first=Spokesperson for Greg E.|website=www.prnewswire.com|language=en|access-date=2019-11-05}}</ref>
On Oct. 3, 2019, Robert Gaddy, President of Apex International, LLC, issued a statement as a rebuttal for [https://www.wsj.com/articles/active-interest-insurance-tycoon-spied-on-women-who-caught-his-eye-11570117310?mod=searchresults&page=1&pos=8 a Wall Street Journal article] <ref>{{Cite news|url=https://www.wsj.com/articles/active-interest-insurance-tycoon-spied-on-women-who-caught-his-eye-11570117310|title=‘Active Interest’: Insurance Tycoon Spied on Women Who Caught His Eye|last=Scism|first=Mark Maremont and Leslie|date=2019-10-03|work=Wall Street Journal|access-date=2019-11-05|language=en-US|issn=0099-9660}}</ref>piece that sought to vilify Lindberg and shed Lindberg’s personal life in a negative light. Gaddy stated: "''The Wall Street Journal story published today appears to be based on Jeffrey Serber, a disgruntled ex-employee of the firm who was terminated and was sued for breach of contract, theft, misappropriation, fraud and for making representations that falsified his military record. What he has apparently told reporters at the Wall Street Journal is no more credible than the resume he gave us and subsequent claims he made about his experience. The result is an unfair story containing numerous inaccuracies from a source who has demonstrated that he lacks credibility."'' There is currently a lawsuit against Serber for theft of company property, fraud, and Stolen Valor. See full article [https://www.prnewswire.com/news-releases/security-firm-calls-wall-street-journals-lindberg-story-unfair-and-inaccurate-300931028.html here.]<ref>{{Cite web|url=https://www.prnewswire.com/news-releases/facts-omitted-from-the-wall-street-journal-story-about-greg-lindberg-and-his-companies-300805580.html|title=Facts Omitted From The Wall Street Journal Story About Greg Lindberg And His Companies|last=Lindberg|first=Spokesperson for Greg E.|website=www.prnewswire.com|language=en|access-date=2019-11-05}}</ref><ref>{{Cite web|url=https://www.prnewswire.com/news-releases/security-firm-calls-wall-street-journals-lindberg-story-unfair-and-inaccurate-300931028.html|title=Security Firm Calls Wall Street Journal's Greg Lindberg Story "Unfair and Inaccurate"|last=LLC|first=Apex International|website=www.prnewswire.com|language=en|access-date=2019-11-05}}</ref>
On Oct. 10, 2019, Lindberg said that contrary to media reports, the bankruptcy filing of Agera Energy, LLC is not a sign of nor will it cause financial stress at companies owned by Greg Lindberg's main holding company Academy Association, Inc. Agera was not an acquisition that Mr. Lindberg's investment team sought out. The investment stake in Agera was inherited as part of an acquisition of a Bermuda insurance company. Mr. Lindberg and his affiliates invested over $100 million in Agera and the decision to no longer support the investment was made with full approval of insurance regulators. See full article [https://www.prnewswire.com/news-releases/agera-bankruptcy-filing-not-a-sign-of-financial-stress-at-greg-lindbergs-companies-300936888.html here]<ref>{{Cite web|url=https://www.prnewswire.com/news-releases/agera-bankruptcy-filing-not-a-sign-of-financial-stress-at-greg-lindbergs-companies-300936888.html|title=Agera Bankruptcy Filing Not a Sign of Financial Stress at Greg Lindberg's Companies|last=LLC|first=Global Growth|website=www.prnewswire.com|language=en|access-date=2019-11-05}}</ref>:
On, Oct. 23, 2019, Greg E. Lindberg announced that he retained Louis Freeh, former Federal Judge and FBI Director, and his firm Freeh, Sporkin & Sullivan to examine and render advice regarding financial aspects of Mr. Lindberg’s business entities, with respect to, among other things, assertions made by the North Carolina Insurance Department, as well as those made in recent press accounts, pending litigation, and regulatory matters relating to his insurance companies that are currently in rehabilitation. “Mr. Lindberg has asserted from the outset that the allegations about his insurance companies and him are false and is pleased that Mr. Freeh and his team to have agreed to take on this assignment,” a spokesperson for Mr. Lindberg stated. Full article [https://www.prnewswire.com/news-releases/greg-lindberg-retains-former-fbi-director-louis-freeh-to-examine-business-entities-300944411.html here]<ref>{{Cite web|url=https://www.prnewswire.com/news-releases/greg-lindberg-retains-former-fbi-director-louis-freeh-to-examine-business-entities-300944411.html|title=Greg Lindberg Retains Former FBI Director Louis Freeh to Examine Business Entities|last=Lindberg|first=Greg|website=www.prnewswire.com|language=en|access-date=2019-11-05}}</ref>.
On Nov 11, 2019, WRAL released an article detailing Lindberg's demeanor and courtroom behavior during several lawsuit depositions. WRAL reported Lindberg's behavior as "evasive" and displayed a "pattern of delay" on several lawsuits including: lawsuit with Tisha Lindberg, Ajay Gupta, and several other businesses. Full article [https://www.wral.com/lawsuits-against-nc-political-donor-show-pattern-of-delay-lack-of-cooperation/18745692/ here]<ref>{{Cite web|url=https://www.wral.com/lawsuits-against-nc-political-donor-show-pattern-of-delay-lack-of-cooperation/18745692/|title=Lawsuits against NC political donor show pattern of delay, lack of cooperation|last=WRAL|date=2019-11-11|website=WRAL.com|language=en|access-date=2019-11-12}}</ref>.
==References==
<references />
{{DEFAULTSORT:Lindberg, Greg}}
[[Category:Year of birth missing (living people)]]
[[Category:Living people]]
[[Category:American company founders]]
[[Category:20th-century American businesspeople]]
[[Category:21st-century American businesspeople]]
[[Category:Yale University alumni]]' |
Unified diff of changes made by edit (edit_diff ) | '@@ -10,5 +10,5 @@
== Career ==
-Greg has “been in the arena” for over 28 years building the companies that make up what is known today as the Global Growth family of companies. He started a small health insurance compliance and reimbursement newsletter business with $5,000 in 1991 that became the predecessor company to Global Growth.
+<ref>{{Cite web|url=https://www.greglindberg.com/|title=Greg E. Lindberg {{!}} Founder of Global Growth|language=en-US|access-date=2019-11-12}}</ref>Greg has “been in the arena” for over 28 years building the companies that make up what is known today as the Global Growth family of companies. He started a small health insurance compliance and reimbursement newsletter business with $5,000 in 1991 that became the predecessor company to Global Growth.
Greg has completed over 125 acquisitions across the services and knowledge-based sectors of the global economy generating a 35 percent compound annual growth rate on equity capital.
@@ -19,4 +19,6 @@
Greg is also an active philanthropist who donates to food banks, created a multi-million dollar scholarship program for HBCUs (Historically Black Colleges & Universities), and funded research for and UNC project focused on vaccine issues.
+
+<ref>{{Cite web|url=https://www.corporationwiki.com/North-Carolina/Durham/greg-e-lindberg-P2694177.aspx|title=Greg Lindberg - Chairman for Colorado Bankers Life Insurance Company|website=Corporation Wiki|language=en|access-date=2019-11-12}}</ref>Public records indicate Greg Lindberg has been associated with forty-four companies. The companies were formed over a forty-three year period with the most recent being incorporated seven months ago in April of 2019. Thirty-Four of the companies are still active while the remaining ten are now listed as inactive.
== '''The Global Growth Model''' ==
@@ -36,8 +38,12 @@
== '''In the News''' ==
Greg Lindberg has made numerous, non-partisan political donations to both Republican and Democrats but overall has become one of the largest donors to North Carolina Republicans.
+
+In April, 2019, Lindberg his two business partners, John Gray and John Palermo Jr., along with chair of the NC Republican Party, Robin Hayes, were indicted for alleged financial crimes to include wire fraud and bribery. Lindberg's attorney, Anne Tompkins, told WUNC via email he "is innocent of the charges in the indictment and we look forward to demonstrating this when we get our day in court."<ref>{{Cite web|url=https://www.npr.org/2019/04/02/709124202/north-carolina-gop-chair-indicted-on-wire-fraud-bribery-charges|title=North Carolina GOP Chair Indicted On Wire Fraud, Bribery Charges|website=NPR.org|language=en|access-date=2019-11-12}}</ref> Full article [https://www.npr.org/2019/04/02/709124202/north-carolina-gop-chair-indicted-on-wire-fraud-bribery-charges here].
Since the indictment, the [[Wall Street Journal]], specifically journalist, [[Mark Maremont]] , has featured Lindberg in numerous articles; Lindberg released several rebuttals to these stories on his website, [https://www.greglindberg.com www.greglindberg.com.]
On July 20, 2018, [[WRAL-TV|WRAL]] published an article about Lindberg and his donation of $1 million to a scholarship program for business students at North Carolina HBCUs, organizers said Friday. Full article can be found [https://www.wral.com/political-donor-lindberg-ponies-up-1-million-for-hbcu-scholarships/17711293/ here].<ref>{{Cite web|url=https://www.wral.com/political-donor-lindberg-ponies-up-1-million-for-hbcu-scholarships/17711293/|title=Political Donor Lindberg Ponies up 1 Million for HBCU Scholarships|last=|first=|date=|website=|url-status=live|archive-url=|archive-date=|access-date=}}</ref>
+
+In February 2019, the Wall Street Journal published an article about how Lindberg financed and built his fortune via diverting funds from insurance companies. According to the Journal, "The Yale-educated executive lent at least $2 billion from those insurers to scores of entities he controlled, using much of it to expand his private holdings, according to interviews, regulatory filings and more than 4,500 internal documents from Mr. Lindberg’s companies."<ref>{{Cite news|url=https://www.wsj.com/articles/financier-who-amassed-insurance-firms-diverted-2-billion-into-his-private-empire-11551367856|title=Financier Who Amassed Insurance Firms Diverted $2 Billion Into His Private Empire|last=Scism|first=Mark Maremont and Leslie|date=2019-03-01|work=Wall Street Journal|access-date=2019-11-12|language=en-US|issn=0099-9660}}</ref> Full article [https://www.wsj.com/articles/financier-who-amassed-insurance-firms-diverted-2-billion-into-his-private-empire-11551367856 here].
On March 1, 2019, Aaron Tobin, counsel to Greg E. Lindberg, issued the following statement in response to media and other inquiries regarding the February 28, Wall Street Journal article[https://www.wsj.com/articles/financier-who-amassed-insurance-firms-diverted-2-billion-into-his-private-empire-11551367856]<ref>{{Cite news|url=https://www.wsj.com/articles/financier-who-amassed-insurance-firms-diverted-2-billion-into-his-private-empire-11551367856|title=Financier Who Amassed Insurance Firms Diverted $2 Billion Into His Private Empire|last=Scism|first=Mark Maremont and Leslie|date=2019-03-01|work=Wall Street Journal|access-date=2019-11-05|language=en-US|issn=0099-9660}}</ref>:
' |
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0 => '<ref>{{Cite web|url=https://www.greglindberg.com/|title=Greg E. Lindberg {{!}} Founder of Global Growth|language=en-US|access-date=2019-11-12}}</ref>Greg has “been in the arena” for over 28 years building the companies that make up what is known today as the Global Growth family of companies. He started a small health insurance compliance and reimbursement newsletter business with $5,000 in 1991 that became the predecessor company to Global Growth.',
1 => '',
2 => '<ref>{{Cite web|url=https://www.corporationwiki.com/North-Carolina/Durham/greg-e-lindberg-P2694177.aspx|title=Greg Lindberg - Chairman for Colorado Bankers Life Insurance Company|website=Corporation Wiki|language=en|access-date=2019-11-12}}</ref>Public records indicate Greg Lindberg has been associated with forty-four companies. The companies were formed over a forty-three year period with the most recent being incorporated seven months ago in April of 2019. Thirty-Four of the companies are still active while the remaining ten are now listed as inactive.',
3 => '',
4 => 'In April, 2019, Lindberg his two business partners, John Gray and John Palermo Jr., along with chair of the NC Republican Party, Robin Hayes, were indicted for alleged financial crimes to include wire fraud and bribery. Lindberg's attorney, Anne Tompkins, told WUNC via email he "is innocent of the charges in the indictment and we look forward to demonstrating this when we get our day in court."<ref>{{Cite web|url=https://www.npr.org/2019/04/02/709124202/north-carolina-gop-chair-indicted-on-wire-fraud-bribery-charges|title=North Carolina GOP Chair Indicted On Wire Fraud, Bribery Charges|website=NPR.org|language=en|access-date=2019-11-12}}</ref> Full article [https://www.npr.org/2019/04/02/709124202/north-carolina-gop-chair-indicted-on-wire-fraud-bribery-charges here]. ',
5 => '',
6 => 'In February 2019, the Wall Street Journal published an article about how Lindberg financed and built his fortune via diverting funds from insurance companies. According to the Journal, "The Yale-educated executive lent at least $2 billion from those insurers to scores of entities he controlled, using much of it to expand his private holdings, according to interviews, regulatory filings and more than 4,500 internal documents from Mr. Lindberg’s companies."<ref>{{Cite news|url=https://www.wsj.com/articles/financier-who-amassed-insurance-firms-diverted-2-billion-into-his-private-empire-11551367856|title=Financier Who Amassed Insurance Firms Diverted $2 Billion Into His Private Empire|last=Scism|first=Mark Maremont and Leslie|date=2019-03-01|work=Wall Street Journal|access-date=2019-11-12|language=en-US|issn=0099-9660}}</ref> Full article [https://www.wsj.com/articles/financier-who-amassed-insurance-firms-diverted-2-billion-into-his-private-empire-11551367856 here]. '
] |
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0 => 'Greg has “been in the arena” for over 28 years building the companies that make up what is known today as the Global Growth family of companies. He started a small health insurance compliance and reimbursement newsletter business with $5,000 in 1991 that became the predecessor company to Global Growth.'
] |
Whether or not the change was made through a Tor exit node (tor_exit_node ) | false |
Unix timestamp of change (timestamp ) | 1573600670 |