GWG Holdings, Inc. Class Action Lawsuit - GWGHQ

Company
GWG Holdings, Inc. (OTC: GWGHQ)
Lead Plaintiff Deadline
June 2, 2023 (Expired)
Class Period
December 23, 2017 - April 20, 2022

Expired

Lead Plaintiff Deadline

Jun 2, 2023

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Allegations

The filed complaint alleges that GWG Holdings, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Defendants intended to, and did, misappropriate GWG assets, (ii) GWG’s life insurance investment business had failed, and (iii) GWG could only repay prior investors by issuing increasing amounts of securities to new investors. In essence, Defendants had turned GWG into a Ponzi scheme.

Eligibility

In order to be eligible to join the GWGHQ class action lawsuit, you must have incurred a loss on shares of GWG Holdings, Inc. purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in GWG Holdings, Inc. during the relevant time frame or pursuant to the relevant offering(s), you have until June 2, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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