Losses will depend on an investor’s individual purchase date, share class, purchase price, distributions received, reinvested distributions, and ultimate merger consideration. Investors who would like their Greenbacker investment reviewed may contact Altamirano PLLC at (212) 220-6556 to discuss their potential claims.

It depends on the facts. Altamirano PLLC is reviewing potential FINRA arbitration claims involving Greenbacker investments recommended through Morgan Stanley and other broker dealers. The review seeks to determine whether investors were exposed to excessive concentration, unsuitable liquidity risk, or material misrepresentations or omissions concerning the investment.

On September 23, 2023, Greenbacker’s board approved the immediate suspension of the share repurchase program, subject only to limited exceptions involving a shareholder’s death, qualifying disability, or determination of incompetence. Greenbacker’s Form 10-Q for the quarter ended June 30, 2026 confirmed that the ordinary repurchase program and shareholder distributions remained suspended.

Under the proposed transaction announced in July 2026, Greenbacker shareholders would receive consideration valued at approximately $1.71 per share before transaction expenses and other adjustments. Shareholders may elect cash, MN8 equity, or a combination of the two, subject to the merger agreement’s cash limitations and proration provisions. Shareholders may also receive their proportionate share of up to $25 million in contingent cash payments if specified commercial milestones are achieved.

Greenbacker announced in March 2025 that its aggregate net asset value as of December 31, 2024 was approximately $5.03 per share, a reduction from $7.81 per share as of September 30, 2024. Greenbacker identified several contributing factors, including increased operating expenses, insurance costs, revised renewable energy generation estimates, uncertainty concerning government policy and tariffs, and downward pressure on renewable energy asset valuations.

Greenbacker Renewable Energy Company LLC (“Greenbacker” or “GREC”) is a publicly reporting, non-traded renewable energy company whose shares were sold through broker dealers and financial advisors. Unlike shares of a publicly traded company, Greenbacker investors generally could not sell their shares on a national securities exchange.

No. You do not need to wait for distributions from the GWG Wind Down Trust before pursuing a claim against your brokerage firm or advisor. Claims through FINRA arbitration are separate from the bankruptcy process and can be filed independently. In many cases, waiting for the Wind Down Trust can delay action and risk running afoul of applicable time limits, including the six-year eligibility rule.