by Structured Settlement Watchdog®
A Sovereign Funding Group ad from October 6, 2011 promotes its CEO David Springer as a lawyer and quite obviously appears to solicit business at the expense of other lawyers and competitors. Yet when we checked the State of Maryland Court of Appeals today for a record of David Springer there was no record of David Springer as a lawyer. The Maryland Court of Appeals maintains its records going back to 1916. Download David Springer Maryland Attorney look up
David Springer's Google Plus displays his education ending in 1993. No law school displayed. Download David Springer - Google+5-28-2012
Yet in an epic case of being "hoisted on his own petard", here's the still airing video, promoting David Springer as a lawyer (and Sovereign Funding Group) featuring "Itty Bitty Grandma" who says at 0:27-0:30
"David Springer is an honest attorney that cares. Don't get caught up with those other lawyers"
and THEN says at 0:49 -0:57
" Get David Springer to represent you, if you do it will really pay off, you'll see"
David Springer and Sovereign Funding Group have been involved in several lawsuits over unfair trade practices. At the time of the aformentioned video David Springer had been served by JG Wentworth in a Maryland state action that was later settled March 2, 2012. Springer and Sovereign Funding Group are currently Defendants in a lawsuit in the United States District Court for the District of Maryland brought by Woodbridge Structured Funding in November 2011. A trial is scheduled for later this year.
Despite claiming that Sovereign Funding Group ceased operations in their June 2012 response to the Woodbridge complaint, we have documentation to prove that David Springer has used a sovereignfunding.com email address for outbound email since that time. Moreover, the address that was purported to be the Sovereign Funding Group address, turned out to be a mailbox in a UPS store in Rockville MD taken out by David Springer on June 15, 2012.
We also have shown an odd cluster of fake academic credentials among names if purported individuals who are purported Sovereign Funding Group employees.
Is this something that more regulation of the structured settlement secondary market can cure?