Articles Tagged with Bond Loss Attorneys

Are You An Investor Who Sustained Losses in GK 7% Bonds? Contact Our Bond Loss Attorneys To Help Determine Whether You Have Grounds For A Claim

Brokerage firms and investment advisers are supposed to conduct the proper due diligence to ensure the suitability of any financial product recommendation or strategy that they make to a customer. Unfortunately, that is not always the case. Now there is growing concern that financial firms may not have properly vetted GK 7% Bonds from GK Investment Holdings (GKIH) before marketing and selling them to investors. Shepherd Smith Edwards and Kantas (investorlawyers.com) are looking into these allegations and offering free, no-obligation case consultations to investors who may have been harmed.

GK Investment Holdings issued these GK 7% bonds, which are supposed to pay a 7% interest. In 2022, GK 7% bond investors were warned that if 90% of them didn’t trade in their current bonds for newer bonds by September, there was a very good chance that the private real estate company would default on old bonds and have to seek bankruptcy protection. COVID-19’s effect on real estate was one of the main reasons cited.