In early 2024, catastrophic losses came to light when Leo Govoni—the founder of the Center for Special Needs Trust Administration—was found to have misappropriated over $100 million from special needs trusts meant to support vulnerable disabled individuals.
Court filings reveal that more than 1,500 accounts were drained through alleged “unauthorized loans” to Govoni-controlled companies, including Boston Finance Group and Big Storm Brewing. The Center filed for Chapter 11 bankruptcy after identifying a $100 million shortfall.
A federal judge subsequently issued on order holding Govoni liable for as much as $122 million in missing trust funds, imposing restraining orders to prevent dissipation of assets across 150+ entities under his control.
Leeder Law stepped forward as lead counsel, guiding clients—disabled adults and their families—through class actions and coordinated recoveries. We continue to fight to reclaim critical trust assets navigating complex bankruptcy, class action, and appellate practice proceedings, to push for full accountability and compensation for those harmed.
The asset recovery process remains ongoing. Leeder Law remains resolute in protecting those harmed by this profound betrayal and we vow to ensure justice prevails for our clients who depend on these vital funds.
