Wednesday, 24 Sep 2025
  • About Us
  • Contact Us
  • Terms and Conditions
  • Privacy Policy
Subscribe
Life Care News
  • Home
  • Business
    • Business Wire
    • Globenews Wire
  • News
    NewsShow More
    Project InnerSpace Launches GeoFund with First Funded Project to Pioneer Economic Growth Through Sustainable Agriculture
    Project InnerSpace Launches GeoFund with First Funded Project to Pioneer Economic Growth Through Sustainable Agriculture
    23/09/2025
    Track3D Secures  Mn Series A to Transform Construction Monitoring from Ironspring Ventures and Zacua Ventures
    Track3D Secures $10 Mn Series A to Transform Construction Monitoring from Ironspring Ventures and Zacua Ventures
    23/09/2025
    CGTN AMERICA & CCTV UN: “Beauty in Harmony, Destiny in Unity” Visual Works Exhibition
    CGTN AMERICA & CCTV UN: “Beauty in Harmony, Destiny in Unity” Visual Works Exhibition
    23/09/2025
    AV-Comparatives Publishes 2025 Endpoint Prevention & Response (EPR) Test – The Most Comprehensive Enterprise Cybersecurity Evaluation to Date
    AV-Comparatives Publishes 2025 Endpoint Prevention & Response (EPR) Test – The Most Comprehensive Enterprise Cybersecurity Evaluation to Date
    23/09/2025
    Birla Carbon Releases 2025 Sustainability Report ‘Connected to a Greener Future’
    Birla Carbon Releases 2025 Sustainability Report ‘Connected to a Greener Future’
    22/09/2025
  • Tech
  • Health
  • Sports
  • Entertainment
  • Automobile
  • 🔥
  • news
  • global
  • Business
  • june
  • july
  • announced
  • today
  •  and
  •  the
  • Tech
Font ResizerAa
Life Care NewsLife Care News
  • Home
  • Business
  • News
  • Tech
  • Health
  • Sports
  • Entertainment
  • Automobile
Search
  • Home
  • Business
    • Business Wire
    • Globenews Wire
  • News
  • Tech
  • Health
  • Sports
  • Entertainment
  • Automobile
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News

Coventry and Alan Buerger Move to Dismiss Abacus Lawsuit

PRNW Agency
Last updated: 03/09/2025 8:32 AM
PRNW Agency
Share
3 Min Read
Coventry and Alan Buerger Move to Dismiss Abacus Lawsuit
SHARE
Coventry and Alan Buerger Move to Dismiss Abacus Lawsuit

Motion underscores that Abacus’s claims lack merit as Lapetus, its key life expectancy provider, shut its doors August 31

- Advertisement -

FORT WASHINGTON, Pa., Sept. 3, 2025 /PRNewswire/ — Coventry First LLC (“Coventry”) and its Co-Founder and Executive Chairman, Alan H. Buerger, today announced that they have filed a Motion to Dismiss the complaint brought by Abacus Global Management, Inc. (“Abacus”) (NASDAQ: ABL) in the U.S. District Court for the Middle District of Florida on August 29, 2025. The full Motion to Dismiss can be found here.

- Advertisement -

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:

“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.”

- Advertisement -

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 August 31, 2025. This development underscores the concerns raised regarding Abacus’s practices and the importance of open debate about the life settlement industry. 

- Advertisement -

“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.”

About Coventry

- Advertisement -

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 $6 billion to policyowners who no longer have a need for their policies. To learn more about Coventry, please visit Coventry.com. 

- Advertisement -

Media Contacts:

Prosek Partners for Coventry
Andy Merrill / Kiki Tarkhan
Pro-Coventry@prosek.com 

- Advertisement -

View original content:https://www.prnewswire.co.uk/news-releases/coventry-and-alan-buerger-move-to-dismiss-abacus-lawsuit-302544516.html

- Advertisement -
Former Google Exec Outlines the High-Stakes Battle Behind Google Reviews on Maury Blackman’s Great Minds Think Data
Ferguson Launches Global Capability Center Powered by ANSR in Bengaluru
Consilio Announces Launch of “Taara” Global Capability Centre in Bangalore
Max India Limited’s Rights Issue: 1.45 Times Oversubscription Signals Strong Investor Confidence
Cullinan Therapeutics to Participate in Fireside Chat at the Stifel 2025 Virtual Immunology and Inflammation Forum
TAGGED: andabacusabacussalanannouncedaugustbuergerchairmanclaimscofoundercoventrydismissdistrictdoorsexecutiveexpectancyfiledfirstforth buergerkeylacklapetuslawsuitlifellcmeritmotion.movenewsproviderseptshuttodayunderscoreswashington
Share This Article
Facebook Copy Link Print
- Advertisement -

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
PinterestPin
InstagramFollow
YoutubeSubscribe
LinkedInFollow
MediumFollow

Most Selling Products

Top Picks, Trending Now – Discover the Best Sellers!
Tecno Camon 20 Premier 5G

Tecno Camon 20 Premier 5G

Dark Welkin | 8GB RAM + 512GB Storage (Expandable RAM up to 16GB) | Industry’s 1st 50MP RGBW-Pro Camera | Segment-First 108MP Ultra-Wide Macro Lens | 6.67" 120Hz 10-bit AMOLED In-Display

iQOO Z10 Lite 5G

iQOO Z10 Lite 5G

Titanium Blue | 6GB RAM + 128GB Storage | Dimensity 6300 5G with 433K+ AnTuTu Score | Robust 6000mAh Battery | IP64 Rated + Military-Grade Shock Resistance

OnePlus 13s

OnePlus 13s

Black Velvet | 12GB RAM + 256GB Storage | Flagship Snapdragon® 8 Elite Chipset | Exceptional Battery Life in a Compact Form | Lifetime Display Warranty Included

Samsung Galaxy A55 5G

Samsung Galaxy A55 5G

Awesome Iceblue | 8GB RAM + 256GB Storage | Premium Metal Frame | 50MP OIS Main Camera with Nightography | IP67 Water & Dust Resistance | Gorilla Glass Victus+ | sAMOLED Display with Vision Booster

You Might Also Like

Valneva Announces Removal of FDA-Recommended Pause on Use of Chikungunya Vaccine IXCHIQ in Elderly and Updates to the Prescribing Information
Health

Valneva Announces Removal of FDA-Recommended Pause on Use of Chikungunya Vaccine IXCHIQ in Elderly and Updates to the Prescribing Information

07/08/2025
London musician with brain tumour inspires Brighton triathlon fundraiser
Sports

London musician with brain tumour inspires Brighton triathlon fundraiser

27/08/2025
Hisense Debuts 116″ UX TV with RGB-MiniLED for Stunning Color Precision
Travel

Hisense Debuts 116″ UX TV with RGB-MiniLED for Stunning Color Precision

09/07/2025
Bigg Boss 19: Nominations Drama Unfolds – Who’s Safe and Who’s at Risk?
EntertainmentNews

Bigg Boss 19: Nominations Drama Unfolds – Who’s Safe and Who’s at Risk?

18/09/2025
Life Care News
Facebook Twitter Youtube Rss Medium

Life Care News:


We increase the awareness of millions of users through our news networks. We are one of the most trusted news networks in the world.

Top Categories
  • Home
  • Business
  • News
  • Tech
  • Health
  • Sports
  • Entertainment
  • Automobile
Usefull Links
  • About Us
  • Contact Us
  • Terms and Conditions
  • Privacy Policy
Copyright © 2015 – 2025 LifeCareNews Network. All Rights Reserved. LIFE CARE IS REGISTERED MAGAZINE IN RNI, NO.GUJGUJ/2015/71283
Life Care NewsLife Care News
Copyright © 2015 - 2025 LifeCareNews Network. All Rights Reserved. LIFE CARE IS REGISTERED MAGAZINE IN RNI, NO.GUJGUJ/2015/71283
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?