Are You An Investor Who Suffered Losses in Worthy Bonds?

Our Broker Negligence Lawyers Can Help You Explore Your Legal Options

If your financial advisor sold you Worthy Property Bonds, and you have since suffered significant losses, contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today. There are reports that these real-estate backed bonds, sold for just $10/each while touting a start earning of a fixed 6.5% APY compounded daily, may be experiencing troubles that could be impacting investors.

More than $277,536,200 in Worthy Bonds have been sold to investors, some of whom have expressed concerns that they have not been able to access their money because their funds remain frozen. There are even those claiming they have been trying to get their money back for over a year or longer.

While Worthy Bonds appear to be safe and low risk, some are comparing Worthy Bonds to junk bonds. They are uninsured by the Federal Deposit Insurance Corporation. It is operated using a poor business structure. Ponzi scam allegations involving Worthy have even been made.

The fact that Worthy Bonds are uninsured, unregulated, and speculative can place an investor at risk of losing their entire principal. Other risks involving these junk bonds include their limited operating history, along with their seeming lack of transparency, including regarding loan details.

How Can Our Broker Fraud Attorneys Help?
Shepherd Smith Edwards and Kantas is looking into the brokerage firms and investment advisers that marketed and sold Worthy Bonds. These were risky investments that should never have been sold to retail investors and conservative seniors and retirees. Some Worthy Bond investors are now claiming they were never fully apprised about all of the risks.

You want to work with trusted bond recovery attorneys who are experienced in pursuing damages for junk bond investors from their financial advisors. Our securities law firm has been fighting for investors for more than 35 years. We have helped thousands of our clients to collectively recoup many millions of dollars.

Financial advisors have a duty to conduct the proper due diligence to try and make sure that an investment has no red flags indicating anything might be amiss. Not only that, but they must make sure to only recommend a product if it is suitable for the customer. There shouldn’t be any misrepresentations or omissions about the investment or its risks.

How To Speak With Us About Your Worthy Bond Losses

Our bond fraud attorneys have the skills, knowledge, and experience to pursue awards or settlements for the most complex claims against the largest Wall Street firms. But first, you need to contact us today to schedule your free case consultation.

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