Silver Law Group is representing and filing claims on behalf of multiple investors who lost money on GWG Holdings L Bonds. These “alternative investments” were marketed to retirees looking for a safe and stable form of income. The illiquid, non-traded investments were sold by licensed financial representatives and their brokerage firms. Securitiesfraudattorneys.com is lead by Scott Silver, Esq, a leading investor advocate, chair of the securities fraud group of AAJ and a frequent commentator, author and lecturer on avoiding Ponzi schemes and prosecuting securities fraud cases. Continue reading ›
Did you lose money investing in GWG Holdings Inc. L Bonds? Our securities and investment fraud attorneys are representing investors on a contingency fee basis to help recover our clients losses. Read more about our experience handling these types of cases at securitiesfraudattorneys.com. Scott Silver, Esq, is the chairman of the securities fraud group of the American Association of Justice and a frequent author and speaker on investment fraud matters. Continue reading ›
If you were an investor in GWG Holdings L Bond series, you know by now that the company has filed for Chapter 11 bankruptcy. The company failed to pay its dividend considering its recent financial issues.
If you’re in the class of people who have invested in a product you believed would pay handsome dividends, you may be wondering what to do next. As an investor, there are a few options are available to help recover your losses. Continue reading ›
Silver Law Group represents several investors who purchased GWG L Bonds through brokerage firm Newbridge Securities. Silver Law Group has filed securities arbitration claims on behalf of these clients seeking to recover investment losses caused by Newbridge’s recommendation to purchase L Bonds. Amongst other brokers at Newbridge recommending GWG L Bonds was Michael Whitaker, who operates in The Villages, Florida. Continue reading ›
GWG L Bonds are a relatively new financial product that purportedly offers higher yields than typical publicly-traded, fixed-income bonds. These bonds have significant risk and are not like traditional corporate bonds and other conservative investments. Silver Law Group has been retained by investors to pursue securities arbitration claims against brokerage firms who recommended GWG bonds alleging that the brokerage firms due diligence was negligent, material risks were not properly disclosed or materially misrepresented to them or their account was improperly concentrated in GWG bonds and other illiquid alternative investments. Continue reading ›
Sources say that GWG Holdings is preparing to file Chapter 11 bankruptcy, which would likely lead GWG L Bonds investors to suffer a significant loss of their principal.
Silver Law Group currently represents GWG L Bonds investors in claims against the selling brokerage firm, and may be able to help you recover your L Bond losses. Please contact us at 800-975-4345 for a no-cost, confidential consultation. Continue reading ›
Lighthouse Life Capital LLC’s bonds may involve similar risk to defaulted GWG L Bonds, Scott Silver, Silver Law Group’s managing partner, recently told The Deal publication. Silver Law Group represents GWG L Bonds investors in FINRA arbitration claims and in a class action lawsuit. Continue reading ›
Silver Law Group and co-counsel have filed a class action lawsuit against GWG Holdings (GWGH) and several of its principals on behalf of investors who purchased L Bonds from the company. The complaint alleges violations of the federal securities laws.
Silver Law Group may be able to help you recover your GWG L Bonds investment losses. Contact us at 800-975-4345 for a no-cost consultation. Continue reading ›
GWG Holdings is trying to avoid bankruptcy by looking for emergency financing following the resignation of its auditor, accounting problems, and missed debt payments to L Bond investors, according to an article in the Wall Street Journal.
Silver Law Group currently represents GWG L Bonds investors, and may be able to help you recover your L Bonds losses. Please contact us at 800-975-4345 for a no-cost, confidential consultation. Continue reading ›
GWG Holdings, Inc. announced that it would not make dividend payments on its L Bonds for January 15, 2022 in a form 8-K filed with the Securities and Exchange Commission (SEC).
The 8-K also stated that the company’s board of directors had authorized management to retain the services of a restructuring advisor regarding “evaluating alternatives with respect to its capital structure and liquidity.” Continue reading ›