GWG Holdings: Frequently Asked Questions
Recently, according to a story in The Wall Street Journal, GWG Holdings filed for bankruptcy as a result of the company’s default on its L Bonds. This speculative alternative investment proved unsuitable for many individual investors.
In an effort to recoup investment losses in these L Bonds, bondholders have retained Haselkorn & Thibaut Law Group to represent them in a FINRA arbitration action. We believe there were substantial omissions and misrepresentations made during the sales process. Our clients intend to claim total loss reimbursement.
Please fill out the short form below or call us at 1-888-614-9356 if you would like to schedule a free consultation with a member of the Haselkorn & Thibaut Law Group.
Are L Bonds Generally a Safe Investment?
L Bonds are seen as alternative investments because they are not traded publicly and hence are not as regulated. Alternative investments are sometimes illiquid, which means they are frequently difficult to sell or exchange for cash without suffering a large loss in value.
Are There Any Ways for GWG Bondholders to Recover Their Losses?
We think so. We are defending investors who have proof that substantial misstatements and omissions were made when GWG L Bonds were sold. It is in your best interest to talk with a securities attorney about your prospects for recovery if you were sold investments in GWG L Bonds. Free consultations are available, and Haselkorn & Thibaut Law Group handles cases on a contingency basis, which means you owe us nothing upfront and we only get paid if we successfully collect money for you.
Our opinion is that hiring legal counsel with FINRA arbitration claim experience, particularly for cases involving inappropriate investments in dangerous alternative products like GWG L Bonds, is your greatest option for obtaining compensation.