Judge Denies Dismissal in $12.5M LifeWallet Software Lawsuit Against MSP Recovery

In a recent legal decision, a Florida-based judge rejected a motion to dismiss a lawsuit lodged against John Ruiz and his firm, MSP Recovery. The lawsuit claims that Ruiz and his company failed to fulfil a $12.5 million payment promised in relation to LifeWallet software.

The court found that Ruiz had not sufficiently demonstrated that the lawsuit lacked merit. The ruling indicates that the plaintiff’s allegations against Ruiz and MSP Recovery hold sufficient weight to warrant continued legal proceedings.

For those interested in in-depth details of the case, the initial report can be accessed on Law360.