{"id":906148,"date":"2025-11-05T16:49:08","date_gmt":"2025-11-05T21:49:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/beneficient-statement-about-brad-heppner-indictment\/"},"modified":"2025-11-05T16:49:08","modified_gmt":"2025-11-05T21:49:08","slug":"beneficient-statement-about-brad-heppner-indictment","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/beneficient-statement-about-brad-heppner-indictment\/","title":{"rendered":"Beneficient Statement About Brad Heppner Indictment"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">DALLAS, Nov.  05, 2025  (GLOBE NEWSWIRE) &#8212; Beneficient (NASDAQ: BENF) (the \u201cCompany\u201d), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets through its proprietary online platform AltAccess, today issued a statement about the United States Attorney for the Southern District of New York\u2019s recent indictment of the Company\u2019s former Chairman and CEO, Brad Heppner.<\/p>\n<p align=\"justify\">As previously disclosed, Beneficent parted ways with Mr. Heppner earlier this year promptly after the Company learned of clear and credible evidence of his fraud on the Company and others. Beneficient will continue to vigorously pursue its own potential claims against Mr. Heppner and entities associated with him on behalf of its shareholders. Beneficient has and will continue to cooperate with the government\u2019s investigation of Mr. Heppner. The Company believes these recent developments mark an important step toward ultimately closing this chapter and create an opportunity to strengthen the Company\u2019s foundation for growth, transparency, and shareholder value creation. Beneficient remains firmly focused on its mission to deliver innovative liquidity and trust solutions for holders of alternative assets.<\/p>\n<p>\n        <strong>About Beneficient<\/strong>\n      <\/p>\n<p align=\"justify\">Beneficient (Nasdaq: BENF) \u2013 Ben, for short \u2013 is on a mission to democratize the global alternative asset investment market by providing traditionally underserved investors \u2212 mid-to-high net worth individuals, small-to-midsized institutions\u202fand General Partners seeking exit options, anchor commitments and valued-added services for their funds \u2013 with solutions that could help them unlock the value in their alternative assets.<\/p>\n<p align=\"justify\">Its subsidiary, Beneficient Fiduciary Financial, L.L.C., received its charter under the State of Kansas\u2019 Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight by the Office of the State Bank Commissioner.<\/p>\n<p align=\"justify\">For more information, visit <u>www.trustben.com<\/u> or follow us on <u>LinkedIn<\/u>.<\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains forward-looking statements within the meaning of the \u201csafe harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the Company\u2019s pursuit of potential claims against Mr. Heppner and entities associated with him and the government\u2019s ongoing investigation of Mr. Heppner. The words \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintends,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201cplan,\u201d \u201cpossible,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201cshould,\u201d \u201cwould\u201d and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management\u2019s beliefs, as well as assumptions made by, and information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected.<\/p>\n<p align=\"justify\">Important factors that could cause actual results to differ materially from those expressed in the forward-looking statements include, among others, the risks, uncertainties, and factors set forth under \u201cRisk Factors\u201d in the Company\u2019s most recent Annual Report on Form 10-K and its subsequently filed Quarterly Reports on Form 10-Q, and the risks and uncertainties contained in the Company\u2019s Current Reports on Form 8-K. Forward-looking statements speak only as of the date they are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events, or circumstances or other changes affecting such statements except to the extent required by applicable law.<\/p>\n<p align=\"justify\">Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.<\/p>\n<p>\n        <strong>Contacts<\/strong><br \/>\n        <br \/>Matt Kreps: 214-597-8200, mkreps@darrowir.com<br \/>Michael Wetherington: 214-284-1199, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=A7-GnqfrYXJl_2SKvc5soDcL-tZrMDf4vWwxHjbJzCXaowno04iIcQHKMlWQVknhOZi5Uz3M0jjG8Tpo7c7lGyPVAYbzcCJB_fCxbwOy32PnOvsumUWx3Vfxn1oBBt7m\" rel=\"nofollow\" target=\"_blank\">mwetherington@darrowir.com<\/a>\u00a0<br \/>Investor Relations: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Abi_NyxI6bZSjKVnwiaEMP2JruFa6ugMYNef1191g9Lnnz7RHySjQaykiD0lHuaTLYlT39pqQhK7YDoqmI4cnFT7J6FKkPWvPzqbF0uC-sh8WFw0FEZ0salk-FRBTqjI\" rel=\"nofollow\" target=\"_blank\">investors@beneficient.com<\/a>\u00a0<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU2OTM4MiM3MjQ2MDI2IzIyMjM4Njk=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZjAxZTgxNzMtOTMwNC00YWU3LWEzMzUtZDYwMjI5OGNiNmE5LTEyMzU0MjItMjAyNS0xMS0wNS1lbg==\/tiny\/Beneficient.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>DALLAS, Nov. 05, 2025 (GLOBE NEWSWIRE) &#8212; Beneficient (NASDAQ: BENF) (the \u201cCompany\u201d), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets through its proprietary online platform AltAccess, today issued a statement about the United States Attorney for the Southern District of New York\u2019s recent indictment of the Company\u2019s former Chairman and CEO, Brad Heppner. As previously disclosed, Beneficent parted ways with Mr. Heppner earlier this year promptly after the Company learned of clear and credible evidence of his fraud on the Company and others. Beneficient will continue to vigorously pursue its own potential claims against Mr. Heppner and entities associated with him on behalf of its shareholders. Beneficient &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/beneficient-statement-about-brad-heppner-indictment\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Beneficient Statement About Brad Heppner Indictment&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-906148","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Beneficient Statement About Brad Heppner Indictment - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/beneficient-statement-about-brad-heppner-indictment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Beneficient Statement About Brad Heppner Indictment - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"DALLAS, Nov. 05, 2025 (GLOBE NEWSWIRE) &#8212; Beneficient (NASDAQ: BENF) (the \u201cCompany\u201d), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets through its proprietary online platform AltAccess, today issued a statement about the United States Attorney for the Southern District of New York\u2019s recent indictment of the Company\u2019s former Chairman and CEO, Brad Heppner. As previously disclosed, Beneficent parted ways with Mr. Heppner earlier this year promptly after the Company learned of clear and credible evidence of his fraud on the Company and others. Beneficient will continue to vigorously pursue its own potential claims against Mr. Heppner and entities associated with him on behalf of its shareholders. 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As previously disclosed, Beneficent parted ways with Mr. Heppner earlier this year promptly after the Company learned of clear and credible evidence of his fraud on the Company and others. Beneficient will continue to vigorously pursue its own potential claims against Mr. Heppner and entities associated with him on behalf of its shareholders. 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