Bond Dealers

GWG Bond Recovery Lawyers

Published on: September 20, 2024 | by Shepherd Smith Edwards & Kantas, LLP

FINRA Arbitration Panel Awards GWG Investors Over $800K in Damages

Ruling Shows Why It Is So Important for Those Who Suffered L Bond Losses To Consider Filing Broker Fraud Claims

A Financial Industry Regulatory Authority (FINRA) arbitration panel has awarded investors damages in their GWG L Bond loss recovery claim against a broker-dealer. There were several claimants who were part of this case. The panel awarded a number of them a collective over $726,000 in compensatory damages. Two of the investors were granted $75,000 each for emotional damages.

L Bond Loss Recovery Lawyers

Published on: September 20, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas L Bond Loss Recovery Lawyers Files Six-Figure GWG Investor Lawsuit Against Capital Investment Group

More Broker-Dealers Are Being Held Liable For Unsuitable Recommendations

Two North Carolina investors are seeking up to $500K in damages from brokerage firm Capital Investment Group after they sustained significant losses in GWG L Bonds. Alternative asset firm GWG Holdings is accused of running a more than $1.6B Ponzi scam. Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing these claimants and many others that were allegedly unsuitably marketed and sold these high-risk junk bonds by regional broker-dealers.

New Jersey GWG L Bond Loss Attorney

Published on: August 18, 2024 | by Shepherd Smith Edwards & Kantas, LLP

New Jersey Investor Files Six-Figure GWG L Bond Loss Lawsuit Against Newbridge Securities

Broker-Dealer Is Accused of Supervisory Failures, Breach of Fiduciary Duty, And More

Once again, Shepherd Smith Edwards and Kantas New Jersey GWG L Bond Loss Attorney Teams (investorlawyers.com) are representing a client in their investment loss recovery claim over losses they sustained in GWG L Bonds. The respondent, Newbridge Securities, is being sued for up to six-figures in damages.

GWG L Bond Recovery Lawyers

Published on: August 12, 2024 | by Shepherd Smith Edwards & Kantas, LLP

New Jersey Investor Files Six-Figure GWG L Bond Loss Lawsuit Against Newbridge Securities

Broker-Dealer Is Accused of Supervisory Failures, Breach of Fiduciary Duty, And More

Once again, Shepherd Smith Edwards and Kantas GWG L Bond Recovery Lawyers (investorlawyers.com) is representing a client in their investment loss recovery claim over losses they sustained in GWG L Bonds. The respondent, Newbridge Securities, is being sued for up to six figures in damages.

Bond Loss Recovery Lawyers

Published on: March 4, 2024 | by Shepherd Smith Edwards & Kantas, LLP

GWG Wind Down Trust Report Confirms That Filing A FINRA Lawsuit Is L Bond Investors’ Best Chance For Financial Recovery. Our GWG L Bond Loss Recovery Lawyers Are Representing Claimants In Suing Their Brokers

On February 15, the GWG Wind Down Trust report submitted a status report with the US Bankruptcy Court for the Southern District of Texas for the quarter that concluded on December 31, 2023.

While the Trust was able to generate money through a sale of certain tangible assets and its life insurance policy portfolio, it noted that it is finding it challenging to sell its shares in Beneficient, which last week closed at $0.2561/share—a significant drop from the original $15/share price.

GWG L Bond loss lawyers

Published on: July 17, 2023 | by Shepherd Smith Edwards & Kantas, LLP

For GWG L Bond Investors, Filing A Broker Fraud Lawsuit May Be a Chance For Financial Recovery

Bankruptcy Court Approves GWG Holdings Plan which provides Minimal Hope for Investors.

More than a year after GWG Holdings filed for bankruptcy, its plan has been accepted by the US bankruptcy court in Houston and confirmed by voting bondholders. While this is a positive, forward movement for the bankruptcy proceedings, it is still not the best way for investors to recoup their losses.

Seasoned GWG L Bond Investor Loss Attorneys

Published on: December 30, 2022 | by Shepherd Smith Edwards & Kantas, LLP

Seasoned GWG L Bond Investor Loss Attorneys

Filing Your Own Individual FINRA Lawsuit Maximizes Your Chances for Full Financial Recovery

Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing investors who have suffered serious losses in GWG L Bonds against their broker-dealers. Unfortunately, a slew of regional brokerage firms appear to have unsuitably sold these life settlement-backed bonds to customers, including many retail investors and retirees, in what is now being called an alleged “classic” Ponzi scam. Visit GWG Holdings, Inc. for more information.

How Can A Seasoned Bond Fraud Losses Law Firm Help You?

Published on: October 13, 2022 | by Shepherd Smith Edwards & Kantas, LLP

What Should You Do If You Are A GK Investment Holdings 7% Bond Investor?

JCC Advisors and Other Broker-Dealers May Have Unsuitably Sold This Investment To Customers

Earlier this year, GK Investment Holdings, LLC (GKIH) sent a letter to investors warning that if 90% of them failed to trade in their current 7% Bonds with “new bonds,” which would extend the bonds’ maturity date, the old bonds would likely go into default. This could delay the repayment of bondholders’ principal or render the company unable to pay back their principal at all. GKIH cautioned that it could end up having to file for bankruptcy even. All of these possible outcomes are highly concerning for investors given that they could stand to lose money.

Nine Energy Service Investors May Have Grounds for Bond Fraud Claims to Recover Losses

Published on: June 16, 2020 | by Shepherd Smith Edwards & Kantas, LLP

Nine Energy Service Bonds Expected to Deteriorate Further

Nine Energy Service, Inc. (NINE) recently announced that the New York Stock Exchange (NYSE) found that the oilfield services company was once more in compliance with the stock exchange’s continued listing standard.

The news comes less than two months after the NYSE notified the Houston-based company of its noncompliance with this standard after its common stock’s share price dropped to under $1/share over 30 trading days in a row. The $1/share price is the minimum closing price per share allowed for a stock to stay on the NYSE.

Nomura Settles Two MBS Fraud Cases for $25M

Published on: July 22, 2019 | by Shepherd Smith Edwards & Kantas, LLP

In two mortgage-backed securities settlements reached with the US Securities and Exchange Commission (SEC), Nomura Securities International will collectively pay customers about $25M. The enforcement actions involve residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS), respectively.

According to the SEC, Nomura failed to properly supervise its bond traders, who are accused of making statements that were false and misleading to customers by trying to get them to buy RMBS and CMBS. This purportedly included providing misleading information about:

- How much Nomura had paid for the securities.