GWG Holdings Bankruptcy Creates Need for Coordinated Representation of Bondholders

Provided By PR Newswire

Last update: Apr 22, 2022

Sommerman, McCaffity, Quesada & Geisler urges coalition to assure protections for defrauded investors

DALLAS, April 22, 2022 /PRNewswire/ -- Dallas-based GWG Holdings, Inc. (NASDAQ: GWGH), a nationwide marketer of financial products and investments, and two affiliated entities filed for bankruptcy protection on April 20 in the Southern District of Texas. Meanwhile, the company's previous business practices and sales tactics remain under investigation by the U.S. Securities and Exchange Commission.