{"id":11538,"date":"2024-10-29T09:35:09","date_gmt":"2024-10-29T13:35:09","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=11538"},"modified":"2024-10-29T09:35:09","modified_gmt":"2024-10-29T13:35:09","slug":"finra-awards-emotional-distress-damages-to-two-victims-of-gwg-holdings-l-bonds","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/finra-awards-emotional-distress-damages-to-two-victims-of-gwg-holdings-l-bonds\/","title":{"rendered":"FINRA Awards \u201cEmotional Distress Damages\u201d To Two Victims Of GWG Holdings\u2019 L-Bonds"},"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=\"FINRA\u2019s Arbitration Panel recently awarded \u201cemotional distress damages\u201d to two investors involved in a claim against Ages Financial Services involving the sale of GWG Holding\u2019s ill-fated L-Bonds. Silver Law Group has represented many GWG investors. The two investors received $75,000 each. It is one of FINRA\u2019s largest awards for emotional distress damages in its history.\n\nAges Financial Services is a Boston-based broker-dealer that sold the investors the L-Bonds for $246,000. In the claim, the six investors claimed breach of fiduciary duty, suitability, and additional allegations, along with compensatory damages of $648,000. FINRA\u2019s total award came to $1.08 million, including attorneys' fees and interest.\n\nWhat Are Emotional Distress Damages In FINRA Arbitration?\n\nMany personal injury claims include requests and damages for \u201cpain and suffering.\u201d This is non-economic damages for the grief caused by an accident that caused a plaintiff to experience financial losses. Similarly, emotional distress damages for an investment claim are awarded to a claimant in arbitration for the grief caused by the loss of their investment.\" 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\" \/>FINRA\u2019s Arbitration Panel recently awarded \u201cemotional distress damages\u201d to two investors involved in a claim against Ages Financial Services involving the sale of GWG Holding\u2019s ill-fated L-Bonds. <a href=\"https:\/\/www.silverlaw.com\/blog\/silver-law-group-wins-finra-arbitration-for-gwg-l-bonds-investors\/\" target=\"_blank\">Silver Law Group<\/a> has represented many GWG investors. The two investors received $75,000 each. It is one of FINRA\u2019s largest awards for emotional distress damages in its history. <a href=\"https:\/\/www.silverlaw.com\/blog\/finra-awards-emotional-distress-damages-to-two-victims-of-gwg-holdings-l-bonds\/#more-11538\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FINRA\u2019s Arbitration Panel recently awarded \u201cemotional distress damages\u201d to two investors involved in a claim against Ages Financial Services involving the sale of GWG Holding\u2019s ill-fated L-Bonds. Silver Law Group has represented many GWG investors. The two investors received $75,000 each. It is one of FINRA\u2019s largest awards for emotional distress damages in its history. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[588,576],"tags":[],"class_list":["post-11538","post","type-post","status-publish","format-standard","hentry","category-finra-arbitration","category-unsuitable-investment-advice"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FINRA Awards \u201cEmotional Distress Damages\u201d To GWG Holdings\u2019 L-Bonds Investors<\/title>\n<meta name=\"description\" content=\"FINRA\u2019s Arbitration Panel recently awarded \u201cemotional distress damages\u201d to two investors who were sold GWG Holding\u2019s ill-fated L-Bonds.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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Distress Damages\u201d To GWG Holdings\u2019 L-Bonds Investors","description":"FINRA\u2019s Arbitration Panel recently awarded \u201cemotional distress damages\u201d to two investors who were sold GWG Holding\u2019s ill-fated L-Bonds.","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\/finra-awards-emotional-distress-damages-to-two-victims-of-gwg-holdings-l-bonds\/","twitter_card":"summary_large_image","twitter_title":"FINRA Awards \u201cEmotional Distress Damages\u201d To GWG Holdings\u2019 L-Bonds Investors","twitter_description":"FINRA\u2019s Arbitration Panel recently awarded \u201cemotional distress damages\u201d to two investors who were sold GWG Holding\u2019s ill-fated L-Bonds.","twitter_image":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/GWG02.jpg","twitter_misc":{"Written by":"Silver Law 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