Talk of The Villages Florida - View Single Post - Need help for my parents they have GWG L Bonds with Michael Whitaker and Associates
View Single Post
 
Old 04-15-2023, 06:40 PM
MDFlyer MDFlyer is offline
Senior Member
Join Date: Mar 2022
Posts: 124
Thanks: 19
Thanked 82 Times in 60 Posts
Default

Why should you consider FINRA arbitration individually if you invested in GWG L bonds?
The information gathered strongly suggests that GWG deceived buyers in a number of ways. It involves lying to investors about its financial status and the risks associated with the L bonds. Many had no idea of the risk or the association to life insurance policies. To recuperate their losses, the majority of buyers file individual lawsuits with FINRA arbitration.

Possibility of financial recovery: Investors who purchased the L bonds can enhance their chances of recovering their money by pursuing individual FINRA arbitration. Those who hire their attorneys can be represented to seek compensation through FINRA arbitration from the financial services firm that sold them the GWG L bond.
Potential of fast resolution: Pursuing the case through FINRA arbitration will result in a quick resolution, which will enable investors to recoup their investment. According to FINRA, its arbitrations are typically quick compared to court cases.
Bring a suit against Emerson Equity and GWG: Besides the class action against GWG Holding, you can as well file a civil suit against the company and Emerson Equity. Evidence shows that most of the L Bond purchasers have complaints against Emerson Equity LLC. Individual investors can institute cases against GWG Holdings through FINRA arbitration.