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Articles Posted in Capital Investment Group

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What L Bondholders Need to Know About GWG Holdings, Inc.’s Chapter 11 Plan

On April 21, 2023, United States Bankruptcy Judge Marvin Isgur approved GWG’s Disclosure Statement that will be sent to creditors to vote on GWG’s Chapter 11 Plan (the “Plan”). The approval of the Disclosure Statement comes one year and one day after GWG filed for Chapter 11 bankruptcy protection in…

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GWG Bankruptcy Update (March 14, 2023):  GWG Appears to be Headed Toward Liquidation

**Update – April 22, 2023:** On April 21, 2023, the Bankruptcy Court approved GWG’s further revised Disclosure Statement for its Second Amended Reorganization Plan. The Plan will now be sent to creditors, including L Bondholders, to accept or reject the Plan.  For more information, please visit our most recent blog…

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GWG Holdings, Inc. to be Delisted from The Nasdaq Stock Market; Law Firm Investigates Legal Claims for GWG L Bond Investors    

After filing Chapter 11 bankruptcy last month and failing to file its annual report with the Securities and Exchange Commission earlier this year, GWG Holdings, Inc. will now be delisted from Nasdaq.   On May 17, 2022, the Nasdaq Stock Market announced that it would delist the common stock of GWG…

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GPB Investors Have Won Monetary Awards in 10 of 11 Arbitration Cases This Past Year

Over the past calendar year, GPB Capital investors have won over $2.4 million in monetary awards in 10 out of 11 (nearly 91%) arbitration claims that have proceeded to a final hearing.  According to public records, many other claims filed against broker-dealers who sold the private placements offered by GPB…

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Iorio Altamirano LLP Investigates Capital Investment Group, Inc. Over GPB Funds

Capital Investment Group, Inc. is a broker-dealer headquartered in Raleigh, North Carolina. According to publicly available records filed with the SEC, the firm likely received sales compensation for selling the GPB funds to retail investors. Iorio Altamirano LLP is investigating claims on behalf of defrauded investors who were victims in…

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