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GWGHQ.US
id: 653, Created by Stan Vick Chase, Scout
Join GWG Holdings (GWG) Fraud Case to Fight Losses
How it works?
- We find Attorney for the Case
- Attorney files case on behalf of Investors
- You get updates and receive payout in case of success
Would it cost me anything?
- No, you do not pay anything out of your pocket neither to us, nor to Attorney
- Attorneys get % fee in case of success
- Platform charges service fee from Attorneys
What are the chances for success?
Every Case is unique, but statistically, 47% of Cases end up with a settlement.
Please see below recent successful cases:
How it works?
- We find Attorney for the Case
- Attorney files case on behalf of Investors
- You get updates and receive payout in case of success
Would it cost me anything?
- No, you do not pay anything out of your pocket neither to us, nor to Attorney
- Attorneys get % fee in case of success
- Platform charges service fee from Attorneys
What are the chances for success?
Every Case is unique, but statistically, 47% of Cases end up with a settlement.
Please see below recent successful cases:
On February 20, 2022, GWG filed for bankruptcy. GWG investors have not received the payments to which they are entitled since at least February 2022.
On this news, GWG's stock price fell over 30%, seriously damaging investors.
Earlier, On January 18, 2022, GWG disclosed that it was unable to make certain required payments to its investors.
Based on all available information and evidence, it appears that the Leaders of the Company may have utilized GWG as a vehicle for perpetrating a Ponzi scheme. Investors have legitimate grounds to believe that the Leaders diverted hundreds of millions of dollars in GWG investor funds for personal gain, while also causing significant harm to the company's finances. This included rendering GWG unable to fulfill its obligations to investors, greatly reducing the value of GWG securities, and ultimately leading to the company's bankruptcy.
Alleged Offence
Mismanagement,
Financial Misrepresentation,
Fraud,
Price manipulation,
Malpractice,
Negligence,
Breach of Fiduciary duty
Suspected Party
Directors,
Management,
Shareholder,
Investment Bank,
Service Provider
Security Type
Stocks
Trade Direction
Long
Shock Event Date
20 April 2022
Case number
23-CV-00680
Filing date
30 March 2023
Class period Start
23 December 2017
Class period End
20 April 2022
Lead Plaintiff Deadline
30 May 2023
Court
Northern District of Texas
Judge
Hon. Sidney A Fitzwater