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 ›
Robert Foley (Robert Patrick Foley CRD# 6060234) is a broker and investment advisor whose last known employer was Wynston Hill Capital, LLC (CRD#:103811) of Red Bank, NJ. Previous employers include Maxim Group LLC (CRD#:120708) of New York, NY, Pruco Securities, LLC. (CRD#:5685) of Paramus, NJ, and Metlife Securities Inc. (CRD#:14251) of Elmsford, NY. He has been in the industry since 2012. Continue reading ›
Northstar Financial Services (Bermuda) offered investment and annuity-type products to investors outside the United States. The company was based in Bermuda and claimed to offer various benefits such as tax shelters that were not available to U.S.-based investors. Northstar relied on a network of financial advisors and brokerage firms across the United States and abroad to sell its products to investors. Continue reading ›
Silver Law Group represents Northstar Financial Services (Bermuda) investors and has filed arbitration claims against brokerage firms that improperly sold Northstar products to investors. Silver Law Group’s clients allege that the selling firms pitched Northstar as a safe, conservative investment that was comparable to bank certificates of deposit (CDs), and that financial advisors represented that Northstar was guaranteed to provide monthly interest and protection of principal. Continue reading ›
Silver Law Group represents and has filed arbitration claims against financial advisors on behalf of investors who purchased investments issued by Northstar Financial Services (Bermuda) Ltd. These products include, but are not limited to:
- Global Interest Accumulator
- Global Advantage Plus Series
- Global Advantage Select
- Global VIP Elite
- Global Index Product
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 ›
What would you do if your broker decided to move to a new firm? Would you follow them?
What if you’re a broker who wants to change firms for good cause?
Silver Law Group represents investors and individual financial advisors in claims against brokerage firms for misconduct relating to failure to properly disclose the reasons for a brokers termination, claims of harassment or misconduct by the brokerage against the financial advisor and investors who have been harmed when brokerage firms fail to advise the client that a broker has been terminated for cause or damage to investor’s portfolio. Continue reading ›
Silver Law Group has again been named a “Top Law Firm” by the South Florida Legal Guide (SFLG). The SFLG is a leading guide to the best attorneys and law firms in the South Florida region, and Silver Law Group’s recognition in the 2021 edition follows the same recognition in the publication’s 2020 edition. Continue reading ›
In this blog, we frequently discuss investors who, through no fault of their own, have lost money to unscrupulous brokers and investment advisors who mislead or defraud their clients. When an investor can’t work things out with their registered representative, the next step is frequently arbitration with the Financial Industry Regulatory Authority, or FINRA. As a not-for-profit, non-governmental organization, FINRA is responsible for the licensing and regulation of broker-dealers. Continue reading ›