LifeWallet Announces Fiscal Year and Fourth Quarter 2023 Financial Results [Yahoo! Finance]
MSP Recovery, Inc. - Class A (LIFW)
Company Research
Source: Yahoo! Finance
Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, announced financial results for the fiscal year and fourth quarter ended December 31, 2023. Highlights The Company announced a comprehensive settlement with 28 affiliated property and casualty insurers (“P&C Insurers”) that, in addition to settling existing claims, establishes a going-forward process to collaboratively and timely resolve future claims. The Company furthered its litigation and data-matching strategies during 2023, continuing to advance its recovery efforts. Recoveries are dependent on the completion of litigation and the negotiation of settlements, the timing of which can be subject to the risk of delays associated with the litigation and settlement process. However, we continue to make progress in the data matching process associated with those settlement negotiations, whereby primary payer insurers reconcile what they owe as a result of detailed data exchanges. O
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News
- UPDATE: LifeWallet Announces a Comprehensive Settlement with a Group of Affiliated Property & Casualty Insurers GlobeNewswire
- LifeWallet Announces a Comprehensive Settlement with 10 Affiliated Property & Casualty Insurers, Doing Business in 15 States [Yahoo! Finance]Yahoo! Finance
- LifeWallet Announces a Comprehensive Settlement with 10 Affiliated Property & Casualty Insurers, Doing Business in 15 StatesGlobeNewswire
- Algorithms powering John Ruiz's company being probed by SEC, Justice Department [Yahoo! Finance]Yahoo! Finance
- LifeWallet Announces Fiscal Year and Fourth Quarter 2023 Financial ResultsGlobeNewswire
LIFW
Sec Filings
- 5/3/24 - Form 424B3
- 5/3/24 - Form 424B3
- 5/3/24 - Form 424B3
- LIFW's page on the SEC website