High-Yield GWG L Bonds May Now Be Worth 20 to 30 Cents on The Dollar Our high-yield bond lawyers investigate brokerage firms that sold GWG L Bonds to their customers. On April 20, 2022, GWG Holdings, Inc., the issuer of these junk bonds, announced that it had filed for Chapter…
Brokers May Have Downplayed The Risks of Junk High-Yield Bond Funds Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) is offering free initial case consultations to investors of the following high-yield bond funds, also known as junk bond funds. High-yield bond funds tend to have lower-quality bonds. Their…
RBC Capital Markets Settlement With FINRA Includes a Fine and Restitution RBC Capital Markets has reached an agreement with FINRA in which the broker-dealer will pay $1M to resolve allegations of overconcentration in customers’ accounts involving high-yield bonds. Without denying or admitting to the self-regulatory organization’s (SRO’s) findings, RBC consented…
Denver Investors May Be Facing Losses from High Yield Bonds As the number of COVID-19 cases continues to increase in parts of the US, high-yield junk bonds have been underperforming. Not only that, but according to The Wall Street Journal, in early July the growing concern that there may…