by Structured Settlement Watchdog
In its opposition to Defendants, Sovereign Funding Group and David Springer’s motion to compel the testimony of the Woodbridge CEO, after the Maryland District Court had previously denied it,
Woodbridge Structured Funding refers to
“unrebutted evidence that Defendants, competitors” in the structured settlement factoring industry, “have engaged in fraudulent conduct”, citing to ” among other things,
David Springer admitted to creating fictitious employees of Sovereign Funding in June 28, 2013 deposition
in his deposition taken on June 28, 2013, David Springer admitted that the supposed CEO of Sovereign Funding as well as other individuals supposedly employed by Sovereign Funding referenced in records filed with the Better Business Bureau, as well as having accounts with LinkedIn, and Google Plus* (see Springer depo at 101, 111-12, 128 attached as Exhibit G ) are in fact, fictitious and were created by Springer”.
See Woodbridge Structured Funding, LLC v. Sovereign Funding Group d/b/a We Buy Payments and David Springer United States District Court District of Maryland 1:11-cv-03421-MJG Pacer.gov Document 85
Definition of Fraudulent
“Fraudulent” denotes conduct having a purpose to deceive and not merely negligent misrepresentation or failure to apprise another of relevant information. Source: Cornell Law School
The Better Business Bureau of Greater Maryland , which still gives Sovereign Funding Group an A+ rating, indicated last month that it is continuing to monitor the Woodbridge litigation against Sovereign Funding Group and David Springer.
More David Springer Flotsam and Jetsam (9/28/2013)
- * in his deposition at 129, line 5, Springer was asked “if was fair to say that anyone on Google Plus who says they work for Soveregn Funding is—is you?” To which David Springer replied “Yeah. 100%” Ibid, at line 7.
- In an entry dated January 23, 2013, and still posted as of time of writing Karen Jones (David Springer) states
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