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Ameris Bank Ordered To Pay ~$79.55M In Whistleblower Retaliation Case Brought By Former Balboa Capital CEO Patrick Byrne

Jul 28, 2026, 7:40 PMBenzinga Newsdesk

In a sweeping victory for employee rights and corporate accountability, the U.S. District Court for the Central District of California on July 27, 2026, entered final judgment awarding $79,548,170.80 — plus prejudgment

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Jul 28, 2026, 7:40 PM
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  1. Jul 28, 2026, 7:37 PMNot Specified

    Allen Matkins Wins $79.54 Million Judgment for Balboa Capital Founder Patrick Byrne Against Ameris Bank

    A U.S. District Court entered a $79.54 million judgment against Ameris Bank in favor of Patrick Byrne, founder of Balboa Capital, for whistleblower retaliation, wrongful termination, and unpaid wages. A jury unanimously found Ameris liable on all claims, including $62.9 million in punitive damages based on findings of malice, oppression, or fraud. The judgment also covers approximately $9 million in unpaid LTIP wages and bonuses owed to Byrne and over 140 other Balboa Division employees.

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