In a recent development, three former officers of GWG Holdings had claims against them dismissed in L Bonds class actions filings pursued by other law firms. However, investors in GWG Holdings L Bonds have an alternative route: suing their brokers for the total investment loss in GWG Holdings L Bonds.
A recent FINRA arbitration decision has highlighted that the recommendation of GWG Holdings L Bonds may not have been suitable for any investor, providing a potential avenue for investors to recover their losses.
Brokerage firms that have recommended GWG L Bonds include the following:
Aegis Capital
Arete Wealth Management
Cabot Lodge Securities
Centaurus Financial
Center Street Securities
Emerson Equity
International Assets Advisory
M Stevens Securities
National Securities
Newbridge Securities
NI Advisors
Western International Securities
The Mark Tepper law firm can help if you have GWG L Bonds losses, even if your L Bonds Class Actions were dismissed
If you have GWG L-Bonds losses, the Mark Tepper law firm can help you. The Mark Tepper law firm has a proven track record of success in cases of recovery for investors, including cases involving brokerage firms that failed to supervise unauthorized trading, excessive trading, and unsuitable recommendations in customer accounts.
Brokers who have recommended GWG L Bonds have, in our experience, also recommended other unsuitable investments like high yield junk bonds and inverse leveraged bets against the market through Direxion ETF purchases. The Mark Tepper law firm can also help if you have losses from those unsuitable recommendations.
If you have an investment account that has GWG Holdings L-Bonds and/or other non-traded or speculative securities and have questions about unsuitable trading and/or losses in your account, you can get a FREE evaluation of your claim by emailing attorney Mark Tepper at askmark@marktepper.com, or telephone him at 954-704-2310.