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Last update: Apr 12, 2022
Dallas-Based Alternative Asset Firm Expected to Seek Bankruptcy Protection Very Soon
HOUSTON, April 12, 2022 /PRNewswire/ -- According to sources, GWG Holdings, Inc. (NASDAQ: GWGH ) is preparing for Chapter 11 bankruptcy. The reports come after the Texas-based alternative asset firm notified the SEC in an April 1, 2022 filing that it was not able to submit its 2021 yearly report and other financial statements because it has yet to retain an auditor since Grant Thornton stepped down from that role in December 2021.
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