Girard Sharp Appointed Lead Counsel in GWG Holdings Securities Litigation

Girard Sharp was today appointed lead plaintiffs’ counsel in the GWG Holdings Securities Litigation, alongside co-counsel Malmfeldt Law Group P.C.

In this proposed securities class action, venued in Dallas federal court, Girard Sharp represents investors who purchased GWG Holdings, Inc. (Nasdaq: GWGH) L bonds directly in GWGH’s L bond offering pursuant to a June 3, 2020, registration statement.

Filed on February 18, 2022, the GWGH lawsuit—captioned Bayati, et al. v. GWG Holdings, Inc., et al., No. 3:22-cv-00410 (N.D. Tex.)—alleges that GWGH and certain of its directors made misrepresentations and omissions in offering materials in violation of the Securities Act of 1933.

See here for more information about this case, and follow Girard Sharp on Twitter or Facebook for ongoing updates and firm news.

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