by Structured Settlement Watchdog™
Mount Airy MD resident David Springer has been found liable by a judge in Maryland Federal Court for Trademark Infringement under the Lanham Act and for Common Law Defamation.
Judge Marvin Garbis issued his decision in Woodbridge Structured Funding, LLC vs David Springer Civil Action 1:11-cv-03421-MJG, on March 30, 2015, 7 months after a 4 day bench trial last August in which the Court also concludes that Springer was operating under a "purported corporate names", including " Sovereign Funding". The case now moves to the remedy phase where Judge Garbis will address Plaintiff Woodbridge Structured Funding's claims for injunctive relief and an award of monetary damages. It is not known if Springer will appeal. (emphasis added)
The Woodbridge case against David Springer stemmed from the WeBuyPayments.Net redirect scheme that was in operation during 2011, which I extensively reported about at the time.
The August 2014 trial, was notable for
- David Springer's prattling, disorganized efforts to defend himself (having gone through two expensive law firms and racked up huge bills);
- David Springer's wasting most of his time on irrelevant questions that did not help his defense;
- Springer bizarrely threatening a witness who was on the stand, by asking him (and by implication the Court as well) if he was aware that a certain Congressman from Maryland was monitoring the case (which was simply not the case according a chief staffer of the Congressman who I contacted and spoke with );
- David Springer's wife Melissa Springer, a Columbia MD veterinarian and non-lawyer riding second chair and being permitted to ask questions of David Springer on his direct examination of himself.
- An unsuccessful attempt by David Springer, to introduce an unsigned purported June 2014 letter, purportedly authored by his wife Melissa Springer, purportedly to a Congressman, that was riddled with lies, in defense of 2011 conduct that the Court, having " heard the evidence, reviewed the exhibits, considered the materials submitted by the parties, and had the benefit of the arguments of the parties, found David Springer liable.
- As noted in the trial transcript, David Springer's crying in open court while conducting an examination of a witness.
Based on a copy of purported communications I received from someone who worked for Springer in 2011 and 2012, Springer was cocky, having already "beaten" JG Wentworth (a 2011 MD state court case with similar allegations), according to a video produced by his marketing team in January 2012 and posted on YouTube. Springer mistakenly thought the Woodbridge case against him would just go way.
The Springer case is one of a number of lawsuits arising out of alleged business conduct by participants in the structured settlement secondary market that are pending throughout the United States at time of publication:
- Novation Ventures LLC v JG Wentworth [California-Central-Western Division]
- Woodbridge Structured Funding v Genex Capital , Genex Strategies, Inc and SSQ [ Federal Court Connecticut]
- Lafontant v Washington Square Financial /Imperial Structured Settlements [Federal Court New York Southern District, at White Plains]
- Taylor v 123 Lump Sum Holdings et al. [ Virginia-Eastern District]