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Beneficient ( (BENF) ) has issued an announcement.
On March 10, 2025, Beneficient announced a binding agreement to settle all claims in the GWG Litigation, which involved lawsuits in federal and bankruptcy courts in Texas against the company and its directors. The settlement, pending court approval, resolves claims without admission of fault and will be funded by insurance. This move aims to eliminate litigation costs and allow the company to focus on its business strategy, although other related claims remain outstanding.
More about Beneficient
Beneficient is a technology-enabled platform that provides exit opportunities, primary capital solutions, and related trust and custody services to holders of alternative assets through its proprietary online platform, AltAccess.
YTD Price Performance: -56.22%
Average Trading Volume: 481,403
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.71M
For a thorough assessment of BENF stock, go to TipRanks’ Stock Analysis page.
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