Complaint Review: J G Wentworth
J G Wentworth Peachtree Settlement Funding; Wentworth; Peachtree Court Stops Wentworth's Anti-Competitive Practices Radnor nationwide
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Wentworth Loses Key Federal Court Ruling. Court Increases Competition in the Structured Settlement Space.
Another court – this one a federal court in Houston – handed down a ruling that stops Wentworth and Peachtree from its anti-consumer and anti-competitive practices. Wentworth/Peachtree has threatened its competitors for years with lawsuits if "its customers" were approached with a better deal (that is, more money) for the consumer. Wentworth has threatened its competitors across the U.S. Given that a filing for the sale of lotteries and structured settlements has to sit at the courthouse generally for at least three weeks, competitors now have the opportunity make higher offers to customers selling their structured settlements, leading to a better deal for the consumer and a worse deal for Wentworth. [continued below]....
This report was posted on Ripoff Report on 09/12/2015 03:29 PM and is a permanent record located here: https://www.ripoffreport.com/reports/j-g-wentworth/nationwide/j-g-wentworth-peachtree-settlement-funding-wentworth-peachtree-court-stops-wentworths-1254531. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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