GWG Holdings, Inc. GWGHQ (last ticker on record)
CIK 1522690Its SEC filings (opens in a new tab)
- Delisting notice (not a red flag)
- Restatement
- Bankruptcy
- SEC/DOJ scrutiny
These figures describe clients, not conduct. A lawyer or firm can serve many companies that later had trouble for reasons that have nothing to do with their work, and nothing here says any lawyer or firm did anything wrong.
- Red flags
- 3
- Newest began May 2026
- Largest fall in its shares
- —
- None of 95% on record
- Law firms
- 8
- Linked to 5 or more companies
- Lawyers
- 6
- Linked to 5 or more companies
What happened
- A Justice Department statement names it, an officer or its stockJustice Department (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- A filing mentions a Wells noticeForm 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- A filing mentions cooperating with the SECForm 10-K (opens in a new tab)
- A filing mentions cooperating with the SECForm 10-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K/A (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K/A (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
An SEC release can name a company’s officer, or its stock as what a scheme sold or moved, so the company may be the victim. Each link goes to what to read.
Law firms
The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.
- Mayer BrownFirst linked Mar 2018 · Named in SEC correspondence · 680 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.34× · 95% wipeout 0.94×
- Maslon Edelman Borman & Brand, LLPFirst linked Jun 2011 · Named in SEC correspondence · 88 linked companiesSEC/DOJ scrutiny 0.65× · Went dark 0.83× · 95% wipeout 1.52×
- Akin GumpFirst linked Jul 2020 · Text search only · 582 linked companiesSEC/DOJ scrutiny 1.24× · Went dark 0.52× · 95% wipeout 1.25×
- Thompson & KnightFirst linked Jul 2020 · Text search only · 198 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.40× · 95% wipeout 1.38×
- LeClairRyan A Professional CorporationFirst linked Jul 2014 · Text search only · 93 linked companiesSEC/DOJ scrutiny 0.77× · Went dark 0.42× · 95% wipeout 1.10×
- Locke LordFirst linked Aug 2011 · Text search only · 179 linked companiesSEC/DOJ scrutiny 1.70× · Went dark 0.54× · 95% wipeout 1.00×
- Potter Anderson & CorroonFirst linked Aug 2011 · Text search only · 127 linked companiesSEC/DOJ scrutiny 1.41× · Went dark 0.45× · 95% wipeout 0.87×
- Stevens & LeeFirst linked Aug 2011 · Text search only · 127 linked companiesSEC/DOJ scrutiny 1.08× · Went dark 0.74× · 95% wipeout 0.59×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Mayer Brown | Mar 2018 | Named in SEC correspondence | 680 | 0.98 | 0.34 | 0.94 |
| Maslon Edelman Borman & Brand, LLP | Jun 2011 | Named in SEC correspondence | 88 | 0.65 | 0.83 | 1.52 |
| Akin Gump | Jul 2020 | Text search only | 582 | 1.24 | 0.52 | 1.25 |
| Thompson & Knight | Jul 2020 | Text search only | 198 | 1.03 | 0.40 | 1.38 |
| LeClairRyan A Professional Corporation | Jul 2014 | Text search only | 93 | 0.77 | 0.42 | 1.10 |
| Locke Lord | Aug 2011 | Text search only | 179 | 1.70 | 0.54 | 1.00 |
| Potter Anderson & Corroon | Aug 2011 | Text search only | 127 | 1.41 | 0.45 | 0.87 |
| Stevens & Lee | Aug 2011 | Text search only | 127 | 1.08 | 0.74 | 0.59 |
Lawyers
The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.
- John R. AblanMayer BrownFirst linked Jan 2024 · Named in a filing · 9 linked companiesSEC/DOJ scrutiny 1.42× · Went dark 0.00× · 95% wipeout 0.85×
- William M. MowerMaslon Edelman Borman & Brand, LLPFirst linked Aug 2018 · Named in a filing · 30 linked companiesSEC/DOJ scrutiny 0.52× · Went dark 0.75× · 95% wipeout 1.61×
- Bruce F. PerceMayer BrownFirst linked Mar 2018 · Named in SEC correspondence · 12 linked companiesSEC/DOJ scrutiny 2.03× · Went dark 0.00× · 95% wipeout 1.08×
- Edward S. BestMayer BrownFirst linked Mar 2018 · Named in SEC correspondence · 36 linked companiesSEC/DOJ scrutiny 1.35× · Went dark 0.00× · 95% wipeout 0.69×
- Martin R. RosenbaumMaslon Edelman Borman & Brand, LLPFirst linked Jun 2011 · Named in SEC correspondence · 25 linked companiesSEC/DOJ scrutiny 1.39× · Went dark 0.00× · 95% wipeout 1.10×
- Paul D. ChestovichMaslon Edelman Borman & Brand, LLPFirst linked Jun 2011 · Named in SEC correspondence · 15 linked companiesSEC/DOJ scrutiny 1.72× · Went dark 1.17× · 95% wipeout 2.57×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| John R. AblanMayer Brown | Jan 2024 | Named in a filing | 9 | 1.42 | 0.00 | 0.85 |
| William M. MowerMaslon Edelman Borman & Brand, LLP | Aug 2018 | Named in a filing | 30 | 0.52 | 0.75 | 1.61 |
| Bruce F. PerceMayer Brown | Mar 2018 | Named in SEC correspondence | 12 | 2.03 | 0.00 | 1.08 |
| Edward S. BestMayer Brown | Mar 2018 | Named in SEC correspondence | 36 | 1.35 | 0.00 | 0.69 |
| Martin R. RosenbaumMaslon Edelman Borman & Brand, LLP | Jun 2011 | Named in SEC correspondence | 25 | 1.39 | 0.00 | 1.10 |
| Paul D. ChestovichMaslon Edelman Borman & Brand, LLP | Jun 2011 | Named in SEC correspondence | 15 | 1.72 | 1.17 | 2.57 |