Ashford v Weaver et al, Cause No. 2009-11223, In the 165th Judicial District
Court for Harris County, Texas.
Patterson represented the Ted Ashford family against Life Insurance Agent
Wayne Weaver who sold Ashford $10 Million worth of life insurance that
was financed through a “third party” lender. Unbeknownst to
the family, Weaver actually “financed” the premium payments
by lending the money to the “third party” finance company
thereby putting himself in a position to both sell the policies and loan
the money on same.
Weaver sued Ashford for payment of the note. The Ashford family sued Weaver
for fraud, violations of the DTPA and the Texas Insurance Code. The case
was heard in the 165th Judicial District Court, Judge Josefina Rendon
Presiding. On the third day of trial, after Ashford’s case in chief,
including Patterson’s three hour cross examination of defendant
Weaver; defendant Weaver settled the entire matter before the next day’s
testimony was to begin.