Eli Global’s portfolio companies have closed a record annual number of acquisitions this year, with 24 acquisitions in 2018 to date. Companies acquired are in the health care, financial services, IT, aerospace, software, and cybersecurity sectors, and they’re located in the United States, Europe, Asia, and Australia. This year’s acquisitions build upon Eli Global’s continuing […]
Long-term investing doesn’t just mean ride your winners. It means don’t shy away from your losers. My group of companies has a fair value net worth of $1.7 billion on a pre-tax basis as of 12-31-17 in part because we have taken a long term “built to last” approach to our investments and our relationships. […]
Earlier this month, Global Growth, GBIG Capital and Greg Lindberg filed a lawsuit against the North Carolina Commissioner of Insurance Mike Causey. Causey has made materially false representations to the State Ethics Board, the FBI and even under oath in federal court. Causey put in motion a series of events to weaken Plaintiffs, harming the very […]
In early April 2020, Mr. Lindberg’s Legal team filed a motion for a judgement of acquittal or a new trial based on insufficient evidence and a failure to identify an “official act” in his previous trial. The government’s theory on what constituted an official act was pressed upon the jury; the jury was not given […]
DURHAM, N.C., Nov. 8, 2022 – Attorneys for Greg Lindberg filed a motion to dismiss litigation from the Securities and Exchange Commission (SEC), pointing out that the SEC Complaint “fails to plead with particularity that Lindberg engaged in any fraudulent behavior.” The Complaint (SEC v. Gregory E. Lindberg, et al, U.S. District Court Case No. 22-cv-715) lacks any detail […]
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Yesterday the Internal Revenue Service voluntarily dismissed its tax claim against Greg Lindberg, just weeks after the fact of the claim itself made headlines. In its dismissal filing (United States v. Greg Lindberg U.S. District Court Case No. 1:22-cv-00911-CCE-JEP), the attorneys for the IRS noted since Greg Lindberg had not ever been formally served in the case, they can […]
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A binding stock purchase agreement for the sale of all of Greg Lindberg’s North Carolina insurance companies was signed on Friday, Lindberg reports. The sale of stock by GBIG Capital, LLC to Universal Financial Holdings, LLC will allow all four of Lindberg’s North Carolina insurance companies to exit rehabilitation and will allow policyholders to access all of their policy […]
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Lindberg postulates a new Law of Thermodynamics: “Entropy is nothing more than missing information” Entrepreneur, philanthropist and author Greg Lindberg published his second book in 2022 entitled “633 Days Inside: Lessons on Life and Leadership,” which explored the time he served at Federal Prison Camp Montgomery in Alabama. He now has published a list of research articles […]