secwatch.observer — SEC 8-K summary
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Issuer:     Woodbridge Liquidation Trust (WBQNL)
CIK:        0001785494
Form:       8-K
Filed at:   2023-11-16T23:59:59+00:00
Accession:  0001140361-23-053511
Event type: litigation
Sentiment:  positive
Materiality: 0.50
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Woodbridge Liquidation Trust settles litigation with Rome McGuigan for $5M, expects ~$3.3M net proceeds
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- Settlement amount $5M; expected net proceeds to Trust ~$3.313M after legal fees and expenses.
- Resolves claims against Rome McGuigan P.C. and attorney Brian Courtney for aiding and abetting securities fraud and professional negligence.
- Settlement subject to California Superior Court good-faith order; payment due within 30 days after order entered.
- Claims against other defendants in the Actions are not released; no assurance of comparable recoveries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785494/000114036123053511/0001140361-23-053511-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785494/000114036123053511/ef20014723_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-053511

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