GWG L Bonds Investor Alert: National Investment Fraud Lawyers KlaymanToskes Continues to Investigate Full-Service Brokerage Firms that Sold GWG L Bonds as Company Files Chapter 11 Bankruptcy
21 Avril 2022 - 7:27PM
Business Wire
National investment fraud lawyers KlaymanToskes is continuing to
investigate FINRA arbitration claims on behalf of GWG Holdings’ L
bonds investors in light of the Company’s Chapter 11 bankruptcy
filing in April 2022. GWG Holdings, Inc. (NASDAQ: GWGH) has
approximately $2 billion of debt, and the Company’s bankruptcy
filings identified over 25,000 individual bond holders, exclusive
of the thousands of holders of the debtor’s publicly held common
equity and preferred equity holders.
According to securities attorney Lawrence L. Klayman, Esq.,
“GWG’s network of approximately 145 brokerage firms and registered
investment advisers that facilitated the L bonds sales had a duty
to perform appropriate due diligence to ensure that they understand
the nature of GWG’s L bonds. A failure to conduct a reasonable
investigation into these investment products results in liability,
and is a basis for a FINRA arbitration claim.”
The sole purpose of this release is to investigate FINRA
arbitration claims on behalf of GWG Holdings’ L bonds investors.
Investors with losses in excess of $100,000 in GWG’s L Bonds, and
those who have information relating to the handling of their
accounts at full-service brokerage firms regarding GWG’s L bonds,
are encouraged to contact Lawrence L. Klayman, Esq. at
1-888-997-9956.
About Us
KlaymanToskes is a leading national securities law firm which
practices exclusively in the field of securities arbitration on
behalf of retail and institutional investors throughout the world
in large and complex securities matters. The firm has recovered
more than $230 million for investors in FINRA arbitrations.
KlaymanToskes has office locations in California, Florida, New
York, and Puerto Rico
Destination:
https://klaymantoskes.com/gwg-bankruptcy-l-bonds-investment-loss/
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version on businesswire.com: https://www.businesswire.com/news/home/20220421005998/en/
KlaymanToskes Lawrence L. Klayman, Esq. 1-888-997-9956
lklayman@klaymantoskes.com www.klaymantoskes.com
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