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Life Insurance Bond Seller Sued Over Misleading Offer Docs

By Emilie Ruscoe (May 30, 2023, 9:51 PM EDT) -- Investors who purchased certain risky securities issued by GWG Holdings Inc., a now-bankrupt company that operated in part in the secondary market for life insurance, have sued the company's directors, its auditor and an associated company, claiming the investors were hurt after GWG announced a U.S. Securities and Exchange Commission probe and a significant financial restatement that allegedly precipitated its bankruptcy....

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