by Structured Settlement Watchdog
SHP Financial, the Plymouth, MA financial advisory firm is repeatedly using the logos and/or registered marks of life insurance companies to peddle structured settlement payment rights as annuities. Unless and until life insurer start protecting their brands in the unregulated structured settlement secondary market this behavior seems set to continue.
SHP Financial continues to act in reckless manner by posting, and continuing to post multiple tweets that structured settlement payment rights are just like a bank CD (for example, see Prudential below).
The life insurers affected in recent tweets:
Note: It is our policy to notify life insurers of possible violations of their marks by those selling structured settlement payment rights to investors. Life insurers may choose to send a cease and desist letter or can choose to commence legal action to protect their trademark rights.