Beneficient (BENF) Responds to Claims Made by GWG Litigation Trustee

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Go back to Beneficient (BENF) Responds to Claims Made by GWG Litigation Trustee

Beneficient Responds to Claims Made by GWG Litigation Trustee

April 22, 2024 7:00 AM EDT

DALLAS, April 22, 2024 (GLOBE NEWSWIRE) -- Beneficient (Nasdaq: BENF), a technology-enabled platform providing liquidity, primary capital, and related trust and custody services to holders of alternative assets through its proprietary online platform, AltAccess, issued the following statement in response to a complaint filed on April 19, 2024 by the trustee of the GWG Litigation Trust (Litigation Trustee):

Beneficient is disappointed but not surprised that the Litigation Trustee has decided to file suit against Beneficient, affiliated entities, and its officers and directors. The Litigation Trustee crafted a deliberately selective reading of complex and... More