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  GWG Holdings, Inc., which sold $1.6B of L bonds to investors through brokerage firms like Centaurus, filed for Chapter 11 bankruptcy protection in April 2022. [read post]
19 Apr 2022, 1:59 pm by Levin Papantonio
  The Wall Street Journal reported that alternative asset manager GWG Holdings is preparing to file for bankruptcy to address more than $2 billion of liabilities after accounting issues and an auditor resignation GWG Holdings Inc. missed $13.6 million in combined interest and principal... [read post]
17 Feb 2022, 8:26 am by Zamansky LLC
GWG Holdings Inc. sold the high-yield bonds through a series of independent contractor broker-dealers. [read post]
25 Jul 2022, 6:56 am by Iorio Altamirano
Even though the portfolio of life insurance policies does not directly secure the GWG L Bonds, this development is significant for GWG L Bond investors because GWG Holdings Inc. [read post]
25 Apr 2022, 11:11 am by Shepherd Smith Edwards & Kantas, LLP
On April 20, 2022, GWG Holdings, Inc., the issuer of these junk bonds, announced that it had filed for Chapter 11 bankruptcy protection. [read post]
15 Feb 2022, 3:30 pm by InvestorLawyers
On February 14, 2022, GWG Holdings, Inc. confirmed in a letter to investors (accessible here GWG Letter) that it will not make monthly interest and maturity payments on its L Bonds, or dividend payments to preferred stockholders until further notice. [read post]
2 Jun 2022, 7:30 pm by The White Law Group
Update on GWG Holdings Chapter 11 Bankruptcy Case  According to a new filing this week, GWG Holdings, Inc. and the U.S. [read post]
6 Jul 2022, 8:06 am by Silver Law Group
If you are one of the estimated 27,000 investors who purchased L Bonds from GWG, you may be unsure of how to respond to the news that GWG Holdings, Inc. and some of its subsidiaries recently filed for a Chapter 11 bankruptcy. [read post]
28 Jan 2022, 7:22 am by Zamansky LLC
  Investment fraud attorney Jake Zamansky and his team are investigating potential legal claims on behalf of investors who purchased L Bonds of GWG Holdings Inc. [read post]
2 Feb 2022, 4:19 pm by InvestorLawyers
According to a January 18, 2022 Form 8-K filing with the Securities and Exchange Commission (SEC) the Board of Directors of GWG Holdings, Inc. [read post]
29 Jan 2022, 4:06 am by Iorio Altamirano
On January 15, 2022, GWG Holdings Inc., a company known for selling life-insurance bonds, missed interest and principal payments to L bond investors. [read post]
1 Feb 2023, 7:52 am by Iorio Altamirano
In a court filing made on December 15, 2022, in the Chapter 11 bankruptcy court, the Official Committee of Bondholders of GWG Holdings Inc. [read post]
6 Apr 2023, 7:16 am by Iorio Altamirano
GWG Holdings, Inc., which stopped making interest and maturity payments to GWG L Bond investors in January 2022, filed for Chapter 11 bankruptcy in April 2022. [read post]
8 Jul 2022, 6:27 am by Iorio Altamirano
GWG Holdings, Inc., which stopped making interest and maturity payments to GWG L Bond investors in January 2022, filed for Chapter 11 bankruptcy in April 2022. [read post]
21 Jun 2022, 8:05 am by Silver Law Group
GWG Holdings ceased selling the L Bonds on April 16th, 2021. [read post]