by Structured Settlement Watchdog
A notice of settlement was filed October 15, 2021 in Pima County Arizona ” Secondary Market Annuity Shit Show” Lawsuit filed last month according to publicly available court records found online
- [see Richard J. Hansen, a single man, and Richard J. Hansen Trust, Plaintiffs v Steffey et al. AZ. Pima County Case C20214202].
- Specific terms of settlement were not available in the online records.
- For background see my September 10, 2021 post See Disabled 65 Year old Arizona Man Sues Settlement Planners, SMA Hub and others in Secondary Market ‘Annuity’ Shit Show”
SMA Hub labeled purchase orders in closing books sent to investors with the notation “Insurance Carrier NBA”. The National Basketball Association (NBA) is not an insurance carrier. In addition to the Pima County case, the Nassau County New York action identified 5 SMA Hub purchase orders so labeled
NEW YORK STATE SUPREME COURT COUNTY OF NASSAU Index Number 612659/21
General and Vascular Surgery of Long Island, PC Defined Benefits Plan; Smithtown Medical PC Defined Benefits Plan; Smithtown Medical PC; Roth IRA FBO “A.C.”; 401(k) FBO
“E.C.”, Plaintiffs
vs
Paul Millsap; Brooklyn NETS Basketball, LLC, an NBA Franchise; Brendrick DeAngelo Simmons; BDS SPORTS, LLP, a Foreign Limited Liability Partnership; Chase Bank; The Denver NUGGETS, an NBA Franchise and a Delaware Corporation; The Denver NUGGETS Limited Partnership, a Delaware Limited Partnership, as owners of the Registered Trade Name Denver NUGGETS; The Denver NUGGETS Corporation; Lee Jundanian; Reliance Funding; Atlantic Solutions LLC; EagleBank; Marc Wertheimer, ESQ.; Jonathan Walker; Tyson Wright; Jannae Palovich; SMA Hub, an Oregon Limited Liability Corporation; HUB BUSINESS TRUST through its Trustee, NV PARTNERS, LLC d/b/a SMA HUB, an Oregon Limited Liability Corporation, Jonathan P. Walker, President/Manager, NV Partners LLC; WESTERN CAPITAL CORPORATION, a Foreign Corporation d/b/a Northwest Bank; Happy State Bank d/b/a GoldStar Trust; GoldStar Trust, a Texas Banking Association; Anthony Martini, Jr., Anthony Martini, Sr., The Estate of Anthony Martini, Sr. (Executor Louis Pittocco, ESQ.); AM CPA; AM & Co.; Retire Smart.Today LLC, Nikia Foster-Vassall, ScanDocs, Inc., Defendants