Case No. 3:20-cv-5905-RS (AGT)
If you lost money investing with PFI or PISF, a class action lawsuit may affect your rights.
Investors have sued Umpqua Bank, alleging the bank aided and abetted a Ponzi scheme perpetrated by Professional Financial Investors, Inc. (PFI) and Professional Investors Security Fund, Inc. (PISF).
The Court has allowed the lawsuit to proceed as a class action on behalf of investors who suffered net losses.
The Court has not decided whether Umpqua Bank did anything wrong. There is no money available now, and no guarantee there will be. However, your legal rights are affected, and you have a choice to make now.