Are You A WestPark Capital Customer Who Suffered Losses In GWG L Bonds?

Published on: July 25, 2026 | by Shepherd Smith Edwards & Kantas, LLP

FINRA Orders Broker-Dealer To Pay $345K in Restitution For Failing To Supervise The Selling of This High-Risk Junk Bond

FINRA ordered brokerage firm WestPark Capital to pay $345,000 in restitution and a $175,000 fine for failing to reasonably supervise the sale of high-risk GWG L Bonds to customers. Following GWG Holdings’ bankruptcy and the exposure of a $1.6 billion Ponzi scheme, law firm Shepherd Smith Edwards and Kantas is encouraging affected investors to file FINRA arbitration claims to recover their losses.

If you are a GWG L Bond investor who suffered losses while working with a WestPark Capital broker, you should contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today. Already, we have filed a six-figure investment loss recovery claim against this brokerage firm on behalf of a Florida senior.

Seven-Figure GWG L-Bond Lawsuit Against Centaurus Financial

Published on: June 23, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas is representing a group of investors in a FINRA Arbitration

The law firm Shepherd Smith Edwards and Kantas has filed a FINRA arbitration lawsuit against Centaurus Financial, seeking up to $1 million in damages on behalf of a group of inexperienced investors who were sold high-risk GWG Holdings L Bonds. The claim alleges that Centaurus brokers misrepresented these illiquid, high-commission junk bonds as safe investments while failing to disclose the immense risks and red flags associated with the now-bankrupt alternative asset firm.

In FINRA arbitration, our L Bond loss recovery attorneys are representing a group of investors in pursuing up to $1M in damages from Centaurus Financial. The Claimants had no experience with private placements. Yet their Centaurus broker unsuitably recommended and sold them these high-risk junk bonds from GWG Holdings, which is now accused of running a more than $1.6B Ponzi scam.

Texas Investor Files GWG L-Bond Lawsuit Against International Assets Advisory

Published on: March 26, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Is Representing This Claimant And Many Other GWG Investors

Shepherd Smith Edwards and Kantas is representing a Texas widow in a FINRA arbitration claim against International Assets Advisory to recover six-figure losses from high-risk GWG L Bonds. The firm alleges that the broker-dealer unsuitably recommended these “junk bonds” to an inexperienced investor and failed to disclose the significant risks associated with the now-bankrupt entity.

A widow from Texas is seeking up to six figures in damages for losses she sustained in GWG Holdings L Bonds. These illiquid, high-risk junk bonds were sold by International Assets Advisory. Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing this semi-retiree investor in her investment loss recovery claim against the broker-dealer.

GWG L Bond Attorneys

Published on: August 25, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Thousands of GWG Holdings Bondholders Are Still Waiting To Get Their Money Back. Contact our GWG L Bond Attorneys

If you are a GWG Holdings investor and are waiting to recoup your losses, contact Shepherd Smith Edwards and Kantas (investorlawyers.com) so we can help you explore your legal options. Approximately 27,000 investors were sold this high-risk junk bond from an alternative asset firm that has since filed for bankruptcy. Now, many have been left wondering how they can get their money back.

Earlier this year, the GWG L bond investors who bought $1.6M in these supposed life settlement-backed bonds were offered pennies on the dollar in a proposal by Beneficient. That illiquid alternative investment platform offered to pay $50.5M to settle claims over lawsuits submitted in federal court. This would equate to a little over 3 cents for every dollar. It is not enough.

Bond Loss Law Firm

Published on: August 4, 2025 | by Shepherd Smith Edwards & Kantas, LLP

GK7% Investment Holdings Bond Investors Were Promised a 7% Interest Rate, But Instead May Have Sustained Serious Losses

Misrepresentations and Omissions May Have Been Made About The Risks

The Shepherd Smith Edwards and Kantas Bond Loss Law Firm (investorlawyers.com) is continuing to offer free, no obligation case assessments to investors who were sold GK 7% Investment Holdings bond investments by their broker-dealer. These unsecured bonds, backed by speculative real estate, were unsuitable for retail investors a conservative retirees from the start.

Kentucky Bond Fraud Attorney

Published on: August 4, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Paducah, Kentucky Investor Sues Stifel Over Easterly ROCMuni High Income Fund Losses. Shepherd Smith Edwards & Kantas Is Representing the Investor Against Stifel for Easterly ROC Muni High Income Fund losses

Shepherd, Smith, Edwards & Kantas (“SSEK”) has filed a claim on behalf of a Paducah, Kentucky investor against Stifel, Nicolaus & Co. (“Stifel”) for losses suffered as a result of the collapse of this “junk bond” fund. This investor contends that his Stifel financial advisor concentrated his account into the Easterly ROC Muni High Income Fund (RMJAX, RMHIX, and RMHVX). This speculative fund lost more than half of its value in a few days in June, with its share price plunging from over $6.00 to less than $3.00 a share. The Fund has lost many millions of dollars, going from $232 million in investments at the end of March 2025 to under $17 million recently.

Although Stifel did liquidate this investor’s investment in the Easterly Fund before it fully collapsed, this did not save him from losing a significant percentage of his investment. In his FINRA lawsuit, our client is alleging unsuitable recommendations, breach of fiduciary duty, overconcentration, misrepresentations and omissions, negligence, unjust enrichment, failure to supervise, and more.

L Bond Loss Recovery Lawyers

Published on: December 29, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Retiree Widow Files Six-Figure GWG L Bond Loss Recovery Lawsuit Against Ni Advisors. California Financial Advisor Sui-Hock Goy Is Accused of Negligence And other Misconduct

Shepherd Smith Edwards and Kantas L Bond Loss Recovery Lawyers (investorlawyers.com) are representing another claimant who is suing brokerage firm Ni Advisors over their GWG L Bond losses. This client, an inexperienced investor, is an octogenarian widow.

Also a respondent in the case is Ni Advisors broker and President Sui-Hock Goy. In her FINRA arbitration claim, our retiree client is alleging unsuitable investment recommendations, misrepresentations and omissions, failure to supervise, negligence, and more. She is requesting up to $500K in damages.