{"id":115295,"date":"2025-09-03T09:12:00","date_gmt":"2025-09-03T12:12:00","guid":{"rendered":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/releases\/releases-geral\/coventry-and-alan-buerger-move-to-dismiss-abacus-lawsuit\/"},"modified":"2025-09-03T09:12:00","modified_gmt":"2025-09-03T12:12:00","slug":"coventry-and-alan-buerger-move-to-dismiss-abacus-lawsuit","status":"publish","type":"post","link":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/releases\/releases-geral\/coventry-and-alan-buerger-move-to-dismiss-abacus-lawsuit\/","title":{"rendered":"Coventry and Alan Buerger Move to Dismiss Abacus Lawsuit"},"content":{"rendered":"

FORT WASHINGTON, Pa., Sept. 03, 2025 (GLOBE NEWSWIRE) — Coventry First LLC (“Coventry”) and its Co-Founder and Executive Chairman, Alan H.\u00a0Buerger, today announced that they have filed a Motion to Dismiss the complaint brought by Abacus Global Management, Inc. (“Abacus”) in the U.S. District Court for the Middle District of\u00a0Florida\u00a0on\u00a0August 29, 2025. The full Motion to Dismiss\u00a0can be found\u00a0here<\/strong><\/a>.<\/p>\n

In the filing, Coventry and Mr. Buerger express their view that Abacus’s lawsuit is an effort to silence constitutionally protected debate. As the Motion states:<\/p>\n

“The First Amendment expresses ‘a profound national commitment to the principle that debate on public issues should be uninhibited, robust, and wide-open.’ Abacus, however, seeks to flip that principle on its head. Faced with criticism about serious problems of its own making, Abacus brought this meritless lawsuit to muzzle those who have highlighted the truth or expressed their constitutionally protected opinions. That it cannot do.”<\/p>\n

The Motion also highlights that Abacus invested in and relied heavily upon Lapetus Solutions, Inc. (“Lapetus”) as its primary life expectancy provider but Lapetus publicly announced that it shut down all operations effective\u00a0August 31, 2025. This development underscores the concerns raised regarding Abacus’s practices and the importance of open debate about the life settlement industry.<\/p>\n

“Abacus’s complaint is an attempt to silence robust debate on important issues affecting the life settlement industry, including the reliability of life expectancy estimates,” said Mr. Buerger. “Transparent disclosures advance the interests of investors, regulators, and the life settlement market as a whole, and the First Amendment protects the right to voice opinions and concerns, particularly on matters of such public interest.”<\/p>\n

About Coventry<\/strong><\/p>\n

Coventry is the leader and creator of the secondary market for life insurance. For more than 20 years, we have been driving the industry forward and expanding opportunities for life insurance policyowners. Coventry’s deep experience combined with a fierce commitment to consumer rights makes Coventry the clear market leader, a position we use to raise industry standards and expand consumer choice. To date, we have delivered more than\u00a0$6 billion\u00a0to policyowners who no longer have a need for their policies. To learn more about Coventry, please visit Coventry.com.<\/p>\n

SOURCE Coventry<\/p>\n

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Media Contacts:\n\nProsek Partners for Coventry\nAndy Merrill\u00a0\/\u00a0Kiki Tarkhan\nPro-Coventry@prosek.com\u00a0<\/pre>\n
A OESP<\/b> nao e(sao) responsavel(is) por erros, incorrecoes, atrasos ou quaisquer decisoes tomadas por seus clientes com base nos Conteudos ora disponibilizados, bem como tais Conteudos nao representam a opiniao da OESP<\/b> e sao de inteira responsabilidade da GlobeNewswire<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"FORT WASHINGTON, Pa., Sept.  03, 2025  (GLOBE NEWSWIRE) — Coventry First LLC (“Coventry”) and its Co-Founder and Executive Chairman, Alan H.\u00a0Buerger, today","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-115295","post","type-post","status-publish","format-standard","hentry","category-releases-geral"],"acf":[],"_links":{"self":[{"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/posts\/115295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/comments?post=115295"}],"version-history":[{"count":0,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/posts\/115295\/revisions"}],"wp:attachment":[{"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/media?parent=115295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/categories?post=115295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/tags?post=115295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}