Press release
GWG Holdings, Inc. (NASDAQ: GWGH) L bonds Investor Notice: Deadline in Lawsuit on April 19, 2022
A Deadline is coming up on April 19, 2022 in the lawsuit for certain investors in GWG Holdings, Inc. (NASDAQ: GWGH) L bonds.
Investors who purchased GWG Holdings, Inc. (NASDAQ: GWGH) L bonds have certain options and there are strict and short deadlines running. Deadline: April 19, 2022. GWG Holdings, Inc. (NASDAQ: GWGH) L bond holders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the the plaintiff alleges that the defendants made material misrepresentations and omissions in the June 2020 registration statement concerning GWGH's use of the net proceeds from the L bonds offering. Plaintiffs allege that, contrary to representations in the registration statement, L bond proceeds were neither used to increase the value of GWGH's assets (alternative or otherwise), nor to provide an expanded set of products or services for investors, nor to increase working capital or liquidity, nor to satisfy any regulatory requirements.
Those who purchased GWG Holdings, Inc. (NASDAQ: GWGH) L bonds have certain options and should contact the Shareholders Foundation.
Contact:
Christopher Clausen
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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