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June 18, 2013

Sovereign Funding Group ad Promoted David Springer as a Lawyer

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, which falsely promoted David Springer as a lawyer (and Sovereign Funding Group) featuring Fiverr actress "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.  At the time of posting  David Springer and Sovereign Funding Group were Defendants in a lawsuit in the United States District Court for the District of Maryland brought by Woodbridge Structured Funding in November 2011. A bench trial took place during August 2014 and Springer was found liable.

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 used a sovereignfunding.com email address for outbound email for some time after that. 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.

Sovereign Funding Group | Sovereign Grounds | Critical Commentary

Is this something that more regulation of the structured settlement secondary market can cure?

 

 

 

 

Posted at 11:03 AM in Sovereign Funding Group | Critical Commentary, Structured Settlement Watchdog® |

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    Treasury Funded Structured Settlements are a settlement option for the most conservative using the OTHER permissible qualified funding asset under IRC 130(d), United States Treasury Bonds in addition to, or instead of, structured settlement annuities. Treasury Funded Structured Settlements can also be used to fund installment sales, also known as structured sales and other non qualified structured settlements.
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