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18 Jun 2021, 12:58 pm by Brill Legal Group
The founder and former CEO of Live Well Financial, Inc. is facing a lengthy prison sentence for multiple counts of fraud in a bond pricing scheme. [read post]
5 Dec 2017, 12:53 pm by Daily Record Staff
Chicago-based Hub International Limited, a global insurance brokerage, has acquired the assets of Timonium-based Contractor’s Services Inc. and Surety Services LLC, company officials announced Tuesday. [read post]
21 Sep 2013, 2:59 pm by Thomas G. Heintzman
Construction liens  –  bonds  –  priorities  –  subcontractors  -  interpretation APM Construction Services Inc. v. [read post]
21 Feb 2008, 8:24 am
Since demand for AAA rated securities currently exceeds supply, New York has invited new companies to provide bond insurance. [read post]
19 Dec 2020, 8:22 am
 Such was the situation in Maine Bonding & Casualty Company v. [read post]
6 Aug 2012, 6:49 am by D. Daxton White
(Aa3) as interest rate swap provider; and (iv) Transamerica Life Insurance Company (A1/ P-1) as guaranteed investment agreement provider. (13) Main Street Natural Gas, Inc. [read post]
6 Aug 2012, 6:49 am by D. Daxton White
(Aa3) as interest rate swap provider; and (iv) Transamerica Life Insurance Company (A1/ P-1) as guaranteed investment agreement provider. (13) Main Street Natural Gas, Inc. [read post]
6 Aug 2012, 6:49 am by D. Daxton White
(Aa3) as interest rate swap provider; and (iv) Transamerica Life Insurance Company (A1/ P-1) as guaranteed investment agreement provider. (13) Main Street Natural Gas, Inc. [read post]
17 May 2017, 6:47 am by Renae Lloyd
Have you suffered losses investing in Gulfmark Offshore Inc. bonds at the recommendation of a financial advisor? [read post]
8 Feb 2012, 7:52 am by Matthew C. Bouchard, Esq.
Image copyright Can Stock Photo Inc. / alexskopje My recent musings about the Court of Appeals’ December 6, 2011 Southern Seeding decision (my original blawg post about the case is here; a longer treatment in this quarter’s Change Order, published by the Construction Law Section of the North Carolina Bar Association, can be found here) neglect to address the opinion’s implications for surety companies issuing payment… [read post]
5 Jul 2022, 1:32 pm by Silver Law Group
However, even before GWG’s bankruptcy, the Securities and Exchange Commission (SEC) was rumored to be investigating the company. [read post]
17 Aug 2018, 1:05 pm by SEClaw Staff
The defendants then “flipped” the bonds to broker-dealers for a fee. [read post]
17 Aug 2018, 1:05 pm by SEClaw Staff
The defendants then “flipped” the bonds to broker-dealers for a fee. [read post]
21 Apr 2022, 1:40 pm by The White Law Group
  According to SEC filings, the company blames the Securities and Exchange Commission for its troubles, claiming that by investigating the sales practice of some of the 145 broker-dealer firms that sold the bonds, it harmed GWG’s reputation in the marketplace and prevented it from raising more capital through more GWG L bond sales. [read post]
2 Jun 2022, 7:30 pm by The White Law Group
  In 2020, the company launched a new offering called the Liquidity Bond 2020, constituting secured debt of GWG Holdings, Inc. [read post]
16 Jun 2022, 12:02 pm by Iorio Altamirano
The claim also alleged that the broker-dealer made material misrepresentations and omissions about the features and risks of the GWG L Bonds and GWG Holdings, Inc., the company that issued the L Bonds. [read post]
14 Jun 2023, 1:22 pm by Silver Law Group
Ultimately, it was alleged that the company was running a Ponzi scheme, with new investment money paying previous investors. [read post]