Bragar Eagle & Squire, PC Reminds Investors Class Action Lawsuits…

Bragar Eagle & Squire, PC Reminds Investors Class Action Lawsuits…

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NEW YORK, April 7, 2023 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is reminding investors that class action lawsuits may be filed on behalf of shareholders of GWG Holdings, Inc. GWGHQand Target Corporation TGT. Shareholders have until the deadlines below to petition the court to appear as lead plaintiffs. For more information on each case, see the link provided.

GWG Holdings, Inc. GWGHQ

Class Period: December 23, 2017 – April 20, 2022

Lead Plaintiff Deadline: May 30, 2023

Throughout the class period, the defendants have failed to disclose material adverse facts about GWG’s business, operations and prospects. In particular, the Defendants failed to disclose to investors that (i) they intended to, and did, embezzle GWG assets, (ii) GWG’s life insurance investment business had failed, and (iii) GWG’s previous investors only through the Issuing increasing amounts of securities could repay to new investors. In essence, the defendants had turned GWG into a Ponzi scheme.

For more information on the GWG class action, go to: https://bespc.com/cases/GWGHQ

target company TGT

Class period: August 18, 2021 – May 17, 2022

Lead Plaintiff Deadline: May 30, 2023

Before the class action period, Target experienced unprecedented double-digit growth in 2020 as consumers increased spending with funds from stimulus checks and shifted spending from services to goods. In its announcement of second-quarter 2021 results, Target attributed its success to its “long-lived, flexible” business strategy, which has allowed the company to remain agile and quickly responsive to its customers’ rapidly changing preferences. Target touted its “balanced, multi-category assortment” as “an important factor in flexibility” and a unique advantage that allowed the company to “serve our guests even as their wants and needs change rapidly.” To ensure its range remains balanced in a volatile environment, Target reviewed the data it received from…

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