Articles Posted in Unsuitablity

Silver Law Group represents investors in arbitration claims against the broker-dealers that sold GWG L Bonds. Silver Law Group, along with co-counsel, also filed a class action complaint directly against GWG Holdings and several of its principals to recover losses suffered by L Bond investors. Continue reading ›

For several months, we’ve blogged about GWG Holdings, a Dallas-based company selling L-Bonds, which are not publicly traded and have considerable risk. The bonds are based on life insurance policies and were both risky and illiquid. In fact, in the fine print of GWG’s prospectus, it states, “Investing in our L Bonds may be considered speculative and involves a high degree of risk, including the risk of losing your entire investment.” Continue reading ›

Broker Ashley Charles Woodard (CRD#: 4703144), a broker in Greenville, SC is currently registered with NY Life Securities LLC (CRD#: 5167). Woodard formerly worked for Flynn Wealth Management with now-barred broker James Flynn.

Silver Law Group has filed FINRA arbitration claims on behalf of clients who invested with Flynn Wealth Management. The claims are against Voya Financial and IFS Securities, which Flynn Wealth Management operated under, and which Flynn and others were registered as stock brokers. Continue reading ›

Gaetano Magarelli

CRD#2227996

Silver Law Group is investigating Boca Raton, Florida-based Newbridge broker Gaetano Magarelli following multiple customer complaints alleging unsuitable investment recommendations, churning and misrepresentation

Alexander Kibrik

CRD#5556827

Silver Law Group is investigating Former New York, New York-based Garden State Securities broker Alexander Kibrik following a customer complaint alleging unauthorized investment activity and unsuitable investment recommendations.