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Novation Ventures, LLC v. The J.G. Wentworth Company, LLC et al
Case Number:
2:15-cv-00954
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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May 18, 2015
JG Wentworth Ducks $15M Antitrust Suit Over PeachTree Buy
A California federal judge on Monday tossed Novation Ventures LLC's $15 million lawsuit alleging that J.G. Wentworth Co. LLC's acquisition of competitor Peach Holdings LLC, known as Peachtree, amounted to an illegal monopoly in the structured-settlement market, saying Novation didn't show it suffered an antitrust injury.
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February 11, 2015
Wentworth-Peachtree Deal Created Monopoly, $15M Suit Says
Novation Ventures LLC on Tuesday hit J.G. Wentworth Company LLC with a $15 million lawsuit in a California federal court, saying the company's acquisition of competitor Peach Holdings LLC, known as Peachtree, has amounted to an illegal monopoly in the structured-settlement market.