Beneficient, a Nevada corporation, has announced that the United States District Court for the Northern District of Texas has granted final approval to a settlement agreement resolving all claims against the company, its subsidiaries, and their current and former directors and officers in relation to the GWG Holdings litigation. The settlement covers all GWG-related claims brought in the District Court and the United States Bankruptcy Court for the Southern District of Texas, with all claims against Beneficient resolved within applicable insurance policy limits. The agreement concludes the litigation without any admission of fault, liability, or wrongdoing by Beneficient or any defendant. Outstanding GWG-related claims remain pending against parties other than Beneficient, including entities related to its former CEO.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beneficient, a Nevada corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9628898) on January 21, 2026, and is solely responsible for the information contained therein.
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