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REDACCIÓN EN VIVO·Redacción de mercados globales·Last updated 14s ago
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Abacus filed an amended defamation complaint against Coventry First

Abacus Global Management has filed a second amended complaint, alleging four counts including defamation and trade violations, citing nearly 20 false statements and potential liability exceeding $100 million.

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Helena Vásquez · Business Desk · 20 Aug 2026 · 05:16 · 1 min de lectura
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Abacus filed an amended defamation complaint against Coventry First

Abacus Global Management, Inc. (NYSE: ABX) lodged a motion to file a second amended complaint in its defamation lawsuit against Coventry First LLC and Alan Buerger, Coventry’s co-founder and Executive Chairman.

Proposed amended complaint, filed in the U.S. District Court for the Middle District of Florida in Orlando, introduces four counts: defamation, defamation by implication, violation of Florida's Deceptive and Unfair Trade Practices Act, and defamation per se. The filing alleges nearly 20 false and misleading statements made by Coventry and Buerger regarding Abacus' business model and its use of third-party life expectancy data, including claims disseminated during public appearances and direct appeals to media outlets.

The amended complaint also cites a letter-writing campaign targeting state and federal regulators as part of the alleged defamatory conduct. According to the filing, Coventry purchased more than 4,000 life-expectancy reports from Lapetus between 2019 and 2022, exceeding Abacus’s own purchases during the same period.

Abacus tvrdí, že potencialna odgovornost Coventry-a može premašiti 100 milijuna dolara. Tužba slijedi 25. lipnja 2026., kada je sud odbio zahtjev Coventry-a i Buergera za otkazivanje tri od tog pet poruka. Odabrivanje dokaza, uključujući ispitivanja članova upravnog tima Coventry-a, je u tijeku. Sljedeće:

Este artículo fue producido con asistencia de IA y editado por un periodista de Finance Review Daily.
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Escrito por
Helena Vásquez
Business Desk

Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.

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