Greg Lindberg
This biography of a living person needs additional citations for verification. The reason given is: More Citations Needed. (June 2019) |
Greg Lindberg is an American business owner and founder of the Global Growth Family of Companies.[1]
Education and Early Life
Lindberg 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, California and later graduated cum laude. While a freshman at Yale University, he founded Eli Magazine, a political satire magazine. Later at Yale, Lindberg started the company that would become the Global Growth group of companies. In 1991 he launched Home Care Week[2], a reimbursement newsletter for home health agencies that one Global Growth company still publishes today. Lindberg graduated from Yale magna cum laude and Phi Beta Kappa with an honors economics degree in 1993[3]
Philanthropy
In March 2018, The Food Bank of Central and Eastern North Carolina received a donation of $50,000 from Greg[4].
In July 2018, Greg pledged scholarships totaling $1 million over five years to North Carolina students who enroll in the state’s historically black colleges or universities.“Mr. Lindberg is interested in access to education, and had been looking for a way to fund scholarships locally[5],” said Brandon Mitchell, associate general counsel of Global Bankers Insurance Group. Five students each year who are interested in business or business-related fields and who enroll in one of the state’s 10 historically black colleges or universities will receive a lump-sum, $40,000 scholarship, amounting to $10,000 a year, said Larry Hall, state Military & Veterans Affairs secretary and chairman of the foundation. Lindberg committed to fund five scholarships each year for five years, Hall said. Full article here.
In the News
On August 1, 2018, Greg Lindberg was featured as the executive voice in a Q&A interview in the June 15, 2018 edition of Triangle Business Journal in the article “A Global Search for Talent and Great Ideas.” The journal provides a local source of business news, research, and events happening in the Triangle area. Full article here[6].
Greg Lindberg has made several 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 s 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."[7]
In February 2019, the Wall Street Journal published an article about how Lindberg "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."[8]
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[1][9]:
In September, 2019, Mr. Lindberg’s attorneys filed a motion to dismiss the indictment.here.
In November of 2019, Lindberg’s attorneys made an additional filing which stated that: “An obvious potential defense at trial will be that any actions undertaken by Mr. Lindberg were motivated by his desire to mitigate NCDOI’s unfair handling of his business—affected by the seemingly malicious efforts of Mr. Causey, Ms. Obusek, and Deputy Commissioner Michelle Osborne—and that any alleged exchange was a part of a scheme originated and designed by Mr. Causey and his associates. That scheme ultimately was used to improperly induce the government to investigate the defendant in order to remove the defendant as a political opponent of Mr. Causey’s, and to improperly induce the defendants’ actions.[10]" See full filing here.
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 here[11].
On Nov. 15, 2019, WRAL reported that "Three days after this article posted, a spokesman for Greg Lindberg reached out with the following statement:
"Any accusation that Greg Lindberg has failed to comply with any court order to turn over documents is not accurate – as are any complaints that Mr. Lindberg has provided misleading information. The allegations likely come from disgruntled opponents.
"The Dunhill order referenced is on appeal and Mr. Lindberg is confident that the appeal will be successful. In the Ehmann case, the presiding judge severed the case four years ago. The plaintiff’s discovery efforts were off base in that they related to issues that were not part of the severed issue. Therefore, the court has not ruled on them. So, while the plaintiff complains that Mr. Lindberg has not turned over any evidence it isn’t because Mr. Lindberg is being evasive – it’s because the judge hasn’t yet ruled on the requests.
"The same issue is affecting the Gupta case. While certain participants are complaining, to the media and otherwise, that Mr. Lindberg is needlessly delaying depositions, the truth is that Mr. Gupta’s legal team has filed several discovery motions – but have yet to have anything granted."[12]
References
- ^ "Global Growth".
{{cite web}}
: CS1 maint: url-status (link) - ^ "Home Health Care Coding Services | Eli's Home Health Care Week Newsletter". TheCodingInstitute. Retrieved 2019-11-13.
- ^ "Yale College Class of 1993". www.yalealumni.yale.edu. Retrieved 2019-11-13.
- ^ "March 2018 – NC Grants Roundup | Philanthropy Journal | NC State University". 2018-03-26. Retrieved 2019-12-19.
- ^ "Durham businessman pledges $1M in scholarships to NC's historically black colleges". newsobserver.com. July 20, 2018.
{{cite web}}
: CS1 maint: url-status (link) - ^ www.bizjournals.com https://www.bizjournals.com/triangle/news/2018/06/14/executive-voicea-global-search-from-durham-for.html. Retrieved 2019-12-19.
{{cite web}}
: Missing or empty|title=
(help) - ^ "North Carolina GOP Chair Indicted On Wire Fraud, Bribery Charges". NPR.org. Retrieved 2019-11-12.
- ^ Scism, Mark Maremont and Leslie (2019-03-01). "Financier Who Amassed Insurance Firms Diverted $2 Billion Into His Private Empire". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-11-12.
- ^ Scism, Mark Maremont and Leslie (2019-03-01). "Financier Who Amassed Insurance Firms Diverted $2 Billion Into His Private Empire". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-11-05.
- ^ "Motion of Greg E. Lindberg for Issuance of Rule 17(c) Subpoenas" (PDF). www.greglindberg.com.
{{cite web}}
: CS1 maint: url-status (link) - ^ WRAL (2019-11-11). "Lawsuits against NC political donor show pattern of delay, lack of cooperation". WRAL.com. Retrieved 2019-11-12.
- ^ WRAL (2019-11-11). "Lawsuits against NC political donor show pattern of delay, lack of cooperation". WRAL.com. Retrieved 2019-11-20.