by Structured Settlement Watchdog®
Last month it was the Wall Street Journal's Leslie Scism, this month its Westlaw's Alison Frankel in Reuters posting something about the Michael Lafontant case (and including a copy of the amended complaint. The latter is in conjunction with Harry Rothenberg's shareholder suit against Imperial Holdings, part of which blasted Imperial for its alleged failure to disclose the existence of the Lafontant lawsuit to shareholders.
The Lafontant case is about an individual who allegedly suffered harm due to the alleged business conduct of a factoring company or settlement purchaser and an easy court approval system in Florida at the time of the transfers, which left Lafontant with no income when the structured settlement protection laws are not supposed to let that happen.