Litigation

Structured settlement brokers have been pounded with blast emails from a certain Florida based financial adviser who claims that he can get the best deals for their clients. Our sources tell us that at least 3 of those deals have collapsed because buyers fell through. Ouch!

Several weeks ago the same Florida adviser was claiming that he could get investors in structured settlements in the range of 10% which means that the amount that the seller is getting is not very competitive. The same adviser adviser told me several months ago that he is using "in force annuities" to compete with you. Caveat emptor.

Will let you know more as the story unfolds.