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Bond Loss Recovery Law Firm
Are You A GK7% Bond Investor Who Worked With JCC Advisors Or Another Brokerage Firm? Contact Our Bond Loss Recovery Law Firm Today
Shepherd Smith Edwards and Kantas Bond Loss Recovery Law Firm (investorlawyers.com) is offering free, no-obligation initial case consultations to those of you whose brokers may have unsuitably recommended GK7% bonds and you have since sustained serious losses. Our securities law firm is investigating allegations that broker-dealers may have failed to conduct the necessary due diligence into issuer GK Investment Holdings.
What Are GK Investment Holdings 7% Bonds?
These are unsecured bonds which were offered for $1K/bond but with a $5K/bond minimum. They were supposed to provide a 7% yearly fixed interest rate. $50M in GK 7% Bonds were available for sale to investors. JCC Advisors was the managing broker-dealer that could work with other brokerage firms to promote these investments to customers.
Signs of trouble emerged in 2022 when GK Investment Holdings offered investors the chance to trade in their 7% Bonds for newer bonds that would extend the maturity date of their investments to September 30, 2025. The catch was that at least 90% of GK 7% investors had to do this or the company would be in a lot of financial trouble and perhaps have to seek bankruptcy protection. Not only that, but bond principal repayments would likely be delayed or might never go out to investors at all.
Our GK 7% Bond Fraud Attorneys
Brokerage firms and their registered representatives are supposed to make sure that any investment they promote to investors is not only a suitable recommendation but also a viable one. GK 7% of investors who have sustained serious losses may not have been fully apprised of the risks.
If your stockbroker unsuitably recommended GK Investment Holdings to you, disregarded your best interests, concentrated your account with these unsecured bonds, misrepresented or omitted the risks, or engaged in some type of broker negligence, you may be able to pursue damages from the registered representative and their brokerage firm.
This is not the kind of investment loss recovery claim you want to pursue without skilled GK 7% Bond loss lawyers by your side. If you do have grounds for a case, you will likely have to submit your lawsuit in FINRA arbitration.
Our securities law team at Shepherd Smith Edwards and Kantas has a combined over a century’s worth of experience in arbitration, litigation, and mediation. We have the tools and strategies to maximize your chances for a full recovery in each venue. We are recognized nationwide for providing quality securities representation and personalized attention.
More than 90% of our clients have secured full or partial financial recovery.
Call (800) 259-9010 or fill out this contact form.