L Bond fraud

L Bond Loss Recovery Lawyers

Published on: January 22, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Illinois Couple Alleges Unsuitable Recommendations in GWG L Bond Lawsuit Against Ausdal Financial

Our L Bond Loss Recovery Lawyers Are Representing These Investors in FINRA Arbitration

If you are an investor who sustained losses in GWG Holdings, there is still time to explore your legal options. Shepherd Smith Edwards and Kantas L Bond Loss Recovery Lawyers (investorlawyers.com) continue to represent many investors, including retirees, who sustained serious losses because their financial advisor unsuitably marketed and sold GWG L Bonds to them. You can find a list of some of the L Bond loss recovery claims we are handling here.

GWG Bond Loss Law Firm

Published on: October 3, 2024 | by Shepherd Smith Edwards & Kantas, LLP

SEC Files Lawsuit Against Ex-Moloney Securities Broker Robert Vance Over GWG L Bond Sales. Our GWG Bond Loss Law Firm Is Representing Investors Who Worked With This Former California Financial Advisor

If you sustained losses in GWG Holdings L Bonds that were allegedly unsuitably recommended to you by ex-stockbroker Robert Morgan Vance, contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today. Already, we are representing two investors in their six-figure investment loss recovery claim against Moloney Securities, which is where Vance used to be a registered representative. They are accusing him of unsuitably recommending GWG L Bonds and misrepresenting the risks. We are also representing other L Bond investors against Moloney Securities.

Now, the US Securities and Exchange Commission (SEC) is suing Vance for alleged best-interest violations when selling $4.3M in GWG L Bonds. GWG Holdings, which filed for bankruptcy in 2022, is now accused of running a more than $1.6B Ponzi scam that has cost thousands of investors, including seniors and retirees, serious portfolio losses. Meanwhile, dozens of broker-dealers, including Moloney Securities, allegedly profited through the high sales commissions and fees they were paid.

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.