GWG Holdings filed for bankruptcy in April 2022, leaving investors in its L Bonds facing catastrophic losses. If a broker recommended GWG L Bonds to you, you may have a claim against that broker and their firm regardless of GWG's bankruptcy.
Get a Free Case ReviewGWG Holdings sold more than $1.6 billion in L Bonds to approximately 27,000 retail investors through a national network of independent broker-dealers. When GWG filed for Chapter 11 bankruptcy, all principal and interest payments were suspended. Investors who were told these products were appropriate income alternatives have suffered losses ranging from tens of thousands to millions of dollars.
GWG's bankruptcy does not eliminate your right to recover from the broker who recommended the L Bonds to you. Your claim is that the broker failed to conduct adequate due diligence on the offering, recommended a speculative, illiquid, high-risk product to investors for whom it was entirely unsuitable, and failed to disclose the true risks of the investment in exchange for commissions of up to 8 percent of the amount invested.
The broker-dealer firms that sold GWG L Bonds are solvent and have the financial capacity to satisfy FINRA arbitration awards. Claims against those firms for suitability violations, failure to supervise, misrepresentation, and failure to conduct adequate due diligence are proceeding in FINRA arbitration across the country.
GWG L Bond cases combine suitability analysis, due diligence failure claims, and misrepresentation theories in a product case designation context that triggers expanded FINRA discovery. Jorge L. Riera's background as a former SEC Senior Enforcement Counsel who co-authored the agency's "Offering Fraud" guidance document, recognized with the SEC's agency-wide Excellence in Information Technology Award, combined with his FINRA NAMC appointment, positions him uniquely to handle these claims.
GWG L Bond cases may qualify for FINRA's product case designation, which triggers significantly expanded discovery obligations on the respondent broker-dealer firm, including production of internal due diligence files, compliance approval records, and communications about GWG's financial condition. Securing this designation is a critical early step in these cases.
Quantifying GWG L Bond damages requires calculating the total investment, interest payments received, the current value of any remaining bond position, and comparison to what a suitable alternative investment would have produced. Jorge's CPA credentials enable faster case evaluation, better expert direction, and stronger cross-examination of firm damages experts at the arbitration hearing.
Jorge has represented GWG L Bond investors in FINRA arbitration.
All GWG L Bond claims are handled on a contingency fee basis. No legal fee unless we recover.
Case costs and expenses are payable from any recovery as provided in the written engagement agreement.
or call (305) 204-9779
Your path to recovery runs through the broker-dealer who sold you GWG L Bonds without adequate disclosure and without meeting their suitability obligations. Contact the firm for a free, confidential evaluation of your GWG L Bond losses.
Request a Free Case EvaluationGWG Holdings filed for bankruptcy in April 2022, leaving investors in its L Bonds facing catastrophic losses. If a broker recommended GWG L Bonds to you, you may have a claim against that broker and their firm regardless of GWG's bankruptcy.
Get a Free Case ReviewGWG Holdings sold more than $1.6 billion in L Bonds to approximately 27,000 retail investors through a national network of independent broker-dealers. When GWG filed for Chapter 11 bankruptcy, all principal and interest payments were suspended. Investors who were told these products were appropriate income alternatives have suffered losses ranging from tens of thousands to millions of dollars.
GWG's bankruptcy does not eliminate your right to recover from the broker who recommended the L Bonds to you. Your claim is that the broker failed to conduct adequate due diligence on the offering, recommended a speculative, illiquid, high-risk product to investors for whom it was entirely unsuitable, and failed to disclose the true risks of the investment in exchange for commissions of up to 8 percent of the amount invested.
The broker-dealer firms that sold GWG L Bonds are solvent and have the financial capacity to satisfy FINRA arbitration awards. Claims against those firms for suitability violations, failure to supervise, misrepresentation, and failure to conduct adequate due diligence are proceeding in FINRA arbitration across the country.
GWG L Bond cases combine suitability analysis, due diligence failure claims, and misrepresentation theories in a product case designation context that triggers expanded FINRA discovery. Jorge L. Riera's background as a former SEC Senior Enforcement Counsel who co-authored the agency's "Offering Fraud" guidance document, recognized with the SEC's agency-wide Excellence in Information Technology Award, combined with his FINRA NAMC appointment, positions him uniquely to handle these claims.
GWG L Bond cases may qualify for FINRA's product case designation, which triggers significantly expanded discovery obligations on the respondent broker-dealer firm, including production of internal due diligence files, compliance approval records, and communications about GWG's financial condition. Securing this designation is a critical early step in these cases.
Quantifying GWG L Bond damages requires calculating the total investment, interest payments received, the current value of any remaining bond position, and comparison to what a suitable alternative investment would have produced. Jorge's CPA credentials enable faster case evaluation, better expert direction, and stronger cross-examination of firm damages experts at the arbitration hearing.
Jorge has represented GWG L Bond investors in FINRA arbitration.
All GWG L Bond claims are handled on a contingency fee basis. No legal fee unless we recover.
Case costs and expenses are payable from any recovery as provided in the written engagement agreement.
or call (305) 204-9779
Your path to recovery runs through the broker-dealer who sold you GWG L Bonds without adequate disclosure and without meeting their suitability obligations. Contact the firm for a free, confidential evaluation of your GWG L Bond losses.
Request a Free Case EvaluationGWG Holdings filed for bankruptcy in April 2022, leaving investors in its L Bonds facing catastrophic losses. If a broker recommended GWG L Bonds to you, you may have a claim against that broker and their firm regardless of GWG's bankruptcy.
Get a Free Case ReviewGWG Holdings sold more than $1.6 billion in L Bonds to approximately 27,000 retail investors through a national network of independent broker-dealers. When GWG filed for Chapter 11 bankruptcy, all principal and interest payments were suspended. Investors who were told these products were appropriate income alternatives have suffered losses ranging from tens of thousands to millions of dollars.
GWG's bankruptcy does not eliminate your right to recover from the broker who recommended the L Bonds to you. Your claim is that the broker failed to conduct adequate due diligence on the offering, recommended a speculative, illiquid, high-risk product to investors for whom it was entirely unsuitable, and failed to disclose the true risks of the investment in exchange for commissions of up to 8 percent of the amount invested.
The broker-dealer firms that sold GWG L Bonds are solvent and have the financial capacity to satisfy FINRA arbitration awards. Claims against those firms for suitability violations, failure to supervise, misrepresentation, and failure to conduct adequate due diligence are proceeding in FINRA arbitration across the country.
GWG L Bond cases combine suitability analysis, due diligence failure claims, and misrepresentation theories in a product case designation context that triggers expanded FINRA discovery. Jorge L. Riera's background as a former SEC Senior Enforcement Counsel who co-authored the agency's "Offering Fraud" guidance document, recognized with the SEC's agency-wide Excellence in Information Technology Award, combined with his FINRA NAMC appointment, positions him uniquely to handle these claims.
GWG L Bond cases may qualify for FINRA's product case designation, which triggers significantly expanded discovery obligations on the respondent broker-dealer firm, including production of internal due diligence files, compliance approval records, and communications about GWG's financial condition. Securing this designation is a critical early step in these cases.
Quantifying GWG L Bond damages requires calculating the total investment, interest payments received, the current value of any remaining bond position, and comparison to what a suitable alternative investment would have produced. Jorge's CPA credentials enable faster case evaluation, better expert direction, and stronger cross-examination of firm damages experts at the arbitration hearing.
Jorge has represented GWG L Bond investors in FINRA arbitration.
All GWG L Bond claims are handled on a contingency fee basis. No legal fee unless we recover.
Case costs and expenses are payable from any recovery as provided in the written engagement agreement.
or call (305) 204-9779
Your path to recovery runs through the broker-dealer who sold you GWG L Bonds without adequate disclosure and without meeting their suitability obligations. Contact the firm for a free, confidential evaluation of your GWG L Bond losses.
Request a Free Case Evaluation