{"id":10696,"date":"2022-06-20T15:55:44","date_gmt":"2022-06-20T19:55:44","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=10696"},"modified":"2022-06-20T15:56:10","modified_gmt":"2022-06-20T19:56:10","slug":"did-you-buy-gwg-l-bonds-from-newbridge-securities","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/did-you-buy-gwg-l-bonds-from-newbridge-securities\/","title":{"rendered":"Did You Buy GWG L Bonds From Newbridge Securities?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-10403 size-full\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/GWG02.jpg\" alt=\"Silver Law Group represents several investors who purchased GWG L Bonds through brokerage firm Newbridge Securities. \u00a0Silver Law Group has filed securities arbitration claims on behalf of these clients seeking to recover investment losses caused by Newbridge\u2019s recommendation to purchase L Bonds. Amongst other brokers at Newbridge recommending GWG L Bonds was Michael Whitaker, who operates in The Villages, Florida. Background On GWG L Bonds GWG Holdings is a Dallas-based financial services firm that offers a variety of services including life insurance and alternative investments. GWG sold billions of dollars worth of L Bonds over the past several years, and investors are now concerned about the status of these investments and the potential loss of principal. Generally speaking, L Bonds are a relatively new financial product that purportedly offers higher yields than typical publicly traded, fixed income bonds. The bonds are supposed to help finance the purchase of the policies but offer significant risk to the investors. According to a prospectus published by GWG for the offering of $2 billion of L Bonds, the bonds were sold with varying maturity terms ranging from 2 years to 7 years, with interest rates ranging from 5.50% to 8.50%. These bonds have significant risk and are not like traditional corporate bonds and other conservative investments.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/GWG02.jpg 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/GWG02-180x120.jpg 180w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>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\u2019s recommendation to purchase L Bonds. Amongst other brokers at <a href=\"https:\/\/brokercheck.finra.org\/firm\/summary\/104065\" target=\"_blank\">Newbridge<\/a> recommending GWG L Bonds was Michael Whitaker, who operates in The Villages, Florida. <a href=\"https:\/\/www.silverlaw.com\/blog\/did-you-buy-gwg-l-bonds-from-newbridge-securities\/#more-10696\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019s recommendation to purchase L Bonds. Amongst other brokers at Newbridge recommending GWG L Bonds was Michael Whitaker, who [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1654,580],"tags":[],"class_list":["post-10696","post","type-post","status-publish","format-standard","hentry","category-bonds","category-stockbroker-misconduct"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Did You Buy GWG L Bonds From Newbridge Securities? &#8212;<\/title>\n<meta name=\"description\" content=\"Silver Law Group represents several investors who purchased GWG L Bonds through brokerage firm Newbridge Securities.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/did-you-buy-gwg-l-bonds-from-newbridge-securities\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Did You Buy GWG L Bonds From Newbridge Securities? &#8212;\" \/>\n<meta name=\"twitter:description\" content=\"Silver Law Group represents several investors who purchased GWG L Bonds through brokerage firm Newbridge Securities.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/GWG02.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Did You Buy GWG L Bonds From Newbridge Securities? &#8212;","description":"Silver Law Group represents several investors who purchased GWG L Bonds through brokerage firm Newbridge Securities.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silverlaw.com\/blog\/did-you-buy-gwg-l-bonds-from-newbridge-securities\/","twitter_card":"summary_large_image","twitter_title":"Did You Buy GWG L Bonds From Newbridge Securities? &#8212;","twitter_description":"Silver Law Group represents several investors who purchased GWG L Bonds through brokerage firm Newbridge Securities.","twitter_image":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/GWG02.jpg","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.silverlaw.com\/blog\/did-you-buy-gwg-l-bonds-from-newbridge-securities\/#article","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/did-you-buy-gwg-l-bonds-from-newbridge-securities\/"},"author":{"name":"Silver Law Group","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"headline":"Did You Buy GWG L Bonds From Newbridge Securities?","datePublished":"2022-06-20T19:55:44+00:00","dateModified":"2022-06-20T19:56:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/did-you-buy-gwg-l-bonds-from-newbridge-securities\/"},"wordCount":565,"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/did-you-buy-gwg-l-bonds-from-newbridge-securities\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/GWG02.jpg","articleSection":["Bonds","Stockbroker Misconduct"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/did-you-buy-gwg-l-bonds-from-newbridge-securities\/","url":"https:\/\/www.silverlaw.com\/blog\/did-you-buy-gwg-l-bonds-from-newbridge-securities\/","name":"Did You Buy GWG L Bonds From Newbridge Securities? 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