TWG Global Denies Fraud as Lakers Sale Buzz Surfaces Amid Probes

TWG Global pushed back on “multipronged attacks” amid federal probes into related-party insurer transactions, insisting there has been no fraud and that it is not pursuing a fire-sale of its sports assets; the company says it will cooperate with the DOJ and SEC, continues to field legitimate offers for its assets (including the Lakers, with the Dodgers not yet up for sale), and notes there is no current sale process for the Dodgers.