6 December 2013
RADNOR, Pa., Dec. 6, 2013 (GLOBE NEWSWIRE) — Radnor, Pa., based JGWPT Holdings Inc. (“JGWPT”) (NYSE:JGW), the managing member of the holding entity for the J.G. Wentworth and Peachtree Financial Solutions companies, is giving back to the Philadelphia community this season by encouraging employees to support Philabundance, the largest regional food bank and hunger relief organization in the Philadelphia and Delaware Valley.
“We are thrilled to support an organization that provides an immediate and necessary contribution to our local community,” said David Miller, Chairman and Chief Executive Officer of JGWPT. “Philabundance provides food to over 70,000 people in need per week and we’re delighted to contribute and encourage donations to this cause.”
Over the past several weeks, employees of JGWPT companies rallied together to gather donations for the Thanksgiving season. To date, JGWPT has donated more than one ton of nonperishable goods to Philabundance. These contributions were matched by company executives, who donated $1 for each pound of food collected.
“Year-over-year, our employees come out in force to support Philabundance,” said Miller. “It’s become an annual celebration to give back to our community.”
About JGWPT (NYSE:JGW)
JGWPT focuses on key sectors, including structured settlement payment purchasing, annuity payment purchasing, lottery payment purchasing, and pre-settlement funding. Through its two market leading and highly recognizable brands, J.G. Wentworth and Peachtree Financial Solutions, JGWPT has purchased over $9.1 billion of future structured settlement payment streams from its customers since 1995.
This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful, prior to registration or qualification under the securities laws of any such state or jurisdiction.