DELRAY BEACH, Fla., June 6, 2019 /PRNewswire/ -- DRB Capital, LLC ("DRB Capital") is thrilled to announce that it has settled one in every of numerous proceedings the business enterprise has filed for unfair and deceptive exchange practices related to its structured settlement factoring commercial enterprise. By settling this complaint filed with the Circuit Courts of Broward County, DRB maintains its competitive efforts to find and forestall unlawful conduct inside the dependent agreement factoring market.
"DRB will maintain and increase its policy of submitting fit towards any party that engages in unfair, misleading or tortious acts that harm our enterprise," said DRB's General Counsel, Ina Berlingeri.
On August 8th, 2018 DRB installed a private fund to pay awards totaling up to $100,000 to people who come forward with data proving violations of various legal guidelines in connection with the enterprise of buying structured settlement price rights. Violations include the tax code, violations of country dependent agreement protection acts, wrong discussion board shopping, violations of nation and federal misleading and unfair change practices act, and federal excise tax evasion.
Since the bounty application's release, DRB Capital has provided more than one payouts and acquired numerous suggestions and credible records about these unfair, misleading and abusive activities.
To be eligible for a bounty, your records ought to be accurate and show those violations to a fine legal trendy. You can be required to present testimony to regulation enforcement and in criminal court cases. Please go to www.StopStructuredFraud.Com for greater info on how to take part on this software and for the overall list of eligibility necessities.
About DRB Capital, LLC: DRB Capital, LLC ("DRB" or the "Company") is a completely owned subsidiary of DRB Financial Solutions, LLC. DRB is one of the most trusted annuity consumers in America and is a national specialty servicing organisation. The Company's primary focus is to offer asset control and high touch servicing for buyers in strong point finance space. DRB offerings various asset instructions on behalf of industrial banks, hedge funds, non-public equity firms in addition to servicing non-public placement offers. DRB became founded on the precept that a combination of generation, deep industry experience, collection accuracy and a contrarian view of servicing can make a sizeable difference within the high-quality of services supplied to institutional creditors and traders. Servicing solutions encompass asset and esoteric asset due diligence, servicing, statistics analytics, and reporting, in addition to capital markets expertise. DRB is presently servicing in excess of fifty,000 devices.