Trusted Bond Recovery Lawyers

Shepherd Smith Edwards and Kantas Trusted Bond Recovery Lawyers Continue To Investigate Brokers Over GK Investment Holdings 7% Bond Losses

Our Trusted Bond Recovery Lawyers Are Here To Help Investors Explore Their Legal Options

For the past two years, Shepherd Smith Edwards and Kantas Trusted Bond Recovery Lawyers (investorlawyers.com) have been investigating the broker-dealers that may have unsuitably marketed GK 7% bonds from GK Investment Holdings (GKIH). These are bonds that are supposed to pay a 7% interest.

In a letter sent by the private real estate company to GK 7% investors in 2022, bondholders were told that if 90% of them didn’t exchange their current bonds for new bonds by the end of September of that year, the company would likely default on the old bonds and it could end up having to file for bankruptcy. It cited the negative impact of the COVID-19 pandemic on the real estate market as a reason for asking investors to trade the older bonds for the newer ones.

GK Investment Holdings is a special-purpose entity. Bloomberg reported that the company was set up to issue debt securities to pay back existing credit facilities, for the purposes of acquisition, and to refinance indebtedness. GK Investment Holdings said on its website that it looked to create value for investors through the acquisition of real estate, property and in-house asset management, construction, and more. The alternative investment company has commercial and residential properties in multiple US states.

Did Your Broker-Dealer Sell You GK 7% Bonds?

JCC Advisors  (JCC Capital Markets, LLC)  served as the managing brokerage firm on GK 7% bonds. However, there were other broker-dealers that sold this investment to customers.

The GK Investment Holding 7% bonds were sold for $1K each, but a $5K minimum purchase amount was required. $50K of these unsecured bonds were available to be sold.

If you contact our GK 7% bond loss attorneys today, we can offer you a free, no obligation case consultation to determine whether your broker unsuitably recommended this investment to you, failed to fully apprise you of the risks, breached their fiduciary duty, or was negligent.

How Can Our Bond Fraud Attorneys Help?

Shepherd Smith Edwards and Kantas has represented bond investors against broker-dealers and investment advisers for years. We know the role that financial advisor misconduct and negligence can play in causing investors to sustain losses that could otherwise have been prevented or kept to a lower loss if only the proper due diligence was done.

Disputes with brokerage firms are usually brought to FINRA arbitration. It is important that you don’t discuss this directly with the broker-dealer, as many firms would rather refute your claim than admit to any wrongdoing.  This is not the kind of legal claim that you want to pursue without seasoned GK 7% bond recovery lawyers by your side.

Granted, there are many investor losses that have nothing to do with the actions—or lack thereof—of your financial advisor. However, it can be hard to recognize the signs when broker misconduct or negligence was, in fact, involved. This is where we can help.

More than 90% of investors we have worked with have received full or partial financial recovery. We have represented clients in over 1000 matters in arbitration, negotiation, mediation and litigation.

Call (800) 259-9010 or contact us online.