{"id":11470,"date":"2024-08-14T09:47:38","date_gmt":"2024-08-14T13:47:38","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=11470"},"modified":"2024-08-14T09:47:38","modified_gmt":"2024-08-14T13:47:38","slug":"sec-files-complaint-against-broker-garrett-moretz-over-gwg-holdings-l-bonds","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/sec-files-complaint-against-broker-garrett-moretz-over-gwg-holdings-l-bonds\/","title":{"rendered":"SEC Files Complaint Against Broker Garrett Moretz Over GWG Holdings L-Bonds"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-11472 size-full\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2024\/08\/Garrett-Moretz.png\" alt=\"We recently blogged about broker Garrett Moretz (CRD#\u00a04086791) after the SEC began its investigation into his sales of the now-defunct L-Bonds by GWG Holdings. Following this investigation, the SEC filed a complaint in Federal Court in Charlotte, NC (Securities and Exchange Commission v. Garrett W. Moretz). In its complaint the SEC charged Moretz with fraud in relation to the sales of L-Bonds to retail customers.\n\nThe SEC alleges that Moretz continually misrepresented L-Bonds, claiming that they were \u201cguaranteed\u201d beginning about September of 2019 through August of 2020. Moretz knew that these L-Bonds were not guaranteed but represented them that way anyway. He repeatedly sold them as \u201cguaranteed\u201d in both emails and oral communications since at least 2017, according to the complaint.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2024\/08\/Garrett-Moretz.png 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2024\/08\/Garrett-Moretz-180x120.png 180w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>We recently <a href=\"https:\/\/www.silverlaw.com\/blog\/sec-investigates-broker-garrett-moretz\/\" target=\"_blank\">blogged about broker Garrett Moretz<\/a> (CRD#\u00a0<a href=\"https:\/\/brokercheck.finra.org\/individual\/summary\/4086791\" target=\"_blank\"><strong>4086791<\/strong><\/a>) after the SEC began its investigation into his sales of the now-defunct L-Bonds by GWG Holdings. Following this investigation, the SEC filed a complaint in Federal Court in Charlotte, NC <strong><em>(<\/em><\/strong><strong><em>Securities and Exchange Commission v. Garrett W. Moretz).<\/em><\/strong> In its complaint the SEC charged Moretz with fraud in relation to the sales of L-Bonds to retail customers. <a href=\"https:\/\/www.silverlaw.com\/blog\/sec-files-complaint-against-broker-garrett-moretz-over-gwg-holdings-l-bonds\/#more-11470\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We recently blogged about broker Garrett Moretz (CRD#\u00a04086791) after the SEC began its investigation into his sales of the now-defunct L-Bonds by GWG Holdings. Following this investigation, the SEC filed a complaint in Federal Court in Charlotte, NC (Securities and Exchange Commission v. Garrett W. Moretz). In its complaint the SEC charged Moretz with fraud [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[588,580],"tags":[],"class_list":["post-11470","post","type-post","status-publish","format-standard","hentry","category-finra-arbitration","category-stockbroker-misconduct"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEC Files Complaint Against Garrett Moretz Over GWG L-Bonds<\/title>\n<meta name=\"description\" content=\"The SEC filed a complaint in Federal Court charging Garrett Moretz with fraud in relation to the sales of GWG L-Bonds to retail customers.\" \/>\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\/sec-files-complaint-against-broker-garrett-moretz-over-gwg-holdings-l-bonds\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"SEC Files Complaint Against Garrett Moretz Over GWG L-Bonds\" \/>\n<meta name=\"twitter:description\" content=\"The SEC filed a complaint in Federal Court charging Garrett Moretz with fraud in relation to the sales of GWG L-Bonds to retail customers.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2024\/08\/Garrett-Moretz.png\" \/>\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":"SEC Files Complaint Against Garrett Moretz Over GWG 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