GWG Holdings, Inc. (GWGHQ)
- The Wall Street Journal
Financial Firm Beneficient Pushed Boundaries Before Bond Program’s Collapse
Beneficient told investors it was increasing revenue by making loans backed by alternative assets such as stakes in private-equity and venture-capital funds. What those investors didn’t know at the time was that Beneficient was making those loans to its own subsidiaries, then counting the interest and fees it got back as revenue.
- GlobeNewswire
GWG Holdings, Inc., et al files Plan and Disclosure Statement
DALLAS, Dec. 09, 2022 (GLOBE NEWSWIRE) -- On December 1, 2022 GWG Holdings, Inc. (“GWG” or the “Company”) (OTC: GWGHQ) announced that it and its fellow debtors-in-possession in the Chapter 11 cases pending at 22-90032 filed a Chapter 11 plan of reorganization (the “Plan”) and a separate disclosure statement (the “Disclosure Statement”) with the United States Bankruptcy Court for the Southern District of Texas Houston Division (the “Court”). The Plan outlines a proposed path to maximize value for
- GlobeNewswire
GWG Holdings, Inc. Announces Resignation of Murray Holland from Board of Directors
DALLAS, Dec. 01, 2022 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (OTC: GWGHQ) (the “Company”), a financial services firm based in Dallas, Texas, today announced that Murray Holland, the Company’s former Chief Executive Officer, has resigned from his position on the Company’s board of directors, and all offices and directorships of any direct and indirect subsidiaries of the Company, effective Nov. 25, 2022. Independent directors Tony Horton and Jeffrey S. Stein, the Company’s President, Chief Execut
