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GWG blames SEC investigation of brokers for its collapse
The SEC's probe of GWG spilled over to include the sales practices of some of the 145 broker-dealers that sold the bonds, according to bankruptcy filings.
GWG Holdings files for bankruptcy
The market has been anticipating the move for more than two weeks; the company has struggled of late and repeatedly missed the deadline to file audited financial statements in the past couple of years.
GWG Holdings hit with Nasdaq notice over stock listing
Shares of the beleaguered alternative investment manager hit a new low of $1.78 in trading Thursday morning.
GWG prepping for bankruptcy: Sources
Investors in the $1.6 billion of bonds issued by GWG face dire consequence if the alternative asset manager files for bankruptcy.
Silence is not golden for GWG bondholders
When asked whether GWG's L Bonds were in default, a company spokesperson declines to comment.
$2 billion in GWG junk bonds sold by advisers are under pressure
GWG Holdings Inc., an investor in life settlements, missed $13.6 million in payments this month to investors in its L Bonds.
