What You Should Know if You Invested in GWG L Bonds If you are someone whose financial advisor recommended that you invest in GWG Holdings L Bonds, by now you likely know that the alternative asset firm has filed for Chapter 11 bankruptcy protection despite owing you and thousands of…
Claimant files FINRA arbitration claim for up to six figures in damages A Houston, Texas investor has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against Centaurus Financial after he sustained losses in GWG Holdings L Bonds. These risky junk bonds were unsuitable for this inexperienced retail investor, yet…
Claimants Allege Unsuitability, Concentration, and Misrepresentation Investors from Utah and Arizona have filed a Financial Industry Regulatory Authority (FINRA) arbitration claim seeking up to $1M in damages related to their GWG Holdings L Bond losses. The respondents in the case are Centaurus Financial, Benchmark Investments, and financial advisor Gregory John…
SEC Alleges Western International Securities and Its California Financial Advisors Committed Due Diligence Failures The US Securities and Exchange Commission (SEC) has filed civil charges against Western International Securities and several of its registered representatives. The firm and its advisors allegedly violated Regulation Best Interest standards when they sold about…
Centaurus Financial is Respondent in Six-Figure FINRA Arbitration Claim A Salt Lakes, Arizona investor, has filed a FINRA arbitration claim against Centaurus Financial over losses he sustained in GWG L Bonds. Offering documents for the investment named ex-Centaurus broker Otto Ramon Bohon. Recently, Bohon has locally been affiliated with Modern…