BALTIMORE (Legal Newsline) – Maryland Attorney General Brian
E. Frosh announced that his office filed a lawsuit against Access Funding LLC
and other affiliated companies for allegations of misleading lead paint poisoning
victims to convert future structured settlement payments into immediate cash.
According to Frosh’s office, Access Funding would target
young, intellectually impaired Marylanders who had been exposed to lead paint
as children. The company would allegedly convince these victims that it was in
their best interest to change their settlement structures to immediate cash. In
reality, the victims would receive a fraction of the amount of money they would
have received over time.
"Victims of lead paint poisoning suffer permanent
cognitive injuries. Structured settlements are a lifeline that provides long
term care and support," Frosh said. "My office will fight to prevent
vulnerable Marylanders from having their money taken from them through illegal
Frosh seeks restitution for alleged victims of the scheme as
well as civil penalties against Access Funding.
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Maryland Office of the Attorney General
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Baltimore, MD 21202
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