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JGWPT Holdings Name Change

We have written about one of the secondary markets most known brand called J.G. Wentworth. As of today September 23, 2014 we are proud to announce that the JGWPT Holdings Incorporated has decided to change their name to the J.G. Wentworth Company. 

The holding company contains the well known Peachtree Brand which has recently decied to change their known to Peachtree Financial Services and Radnor, Pennsylvania based JG Wentworth company. The change will take effect on September 30, 2014. The idea behind the name change is to leverage the well known advertisements on commercials about it "Being My Money and I want it NOW" so that they can grow the JGWPT beyond the lesser known and utilized company Peachtree. Both entitites will remain operating as a separate brand under the holding company.

As of today the name is still the same but legal amendments for the comapnies certification for incorporation is being made and filed with the Secretary of the state in Delaware. The NYSE traded company is not changing their tickery symbol and will remain as JGW.

More information from Einstein regarding the name change and how this may affect you and your business is due to come out as we learn more on this breaking news situation.