Elderly Ozark Retirees Says Joseph LaTour of Latour Asset Management in Springfield Sold Them GWG L Bonds
Couple File FINRA Arbitration Claim Against Center Street Securities Seeking Up to $500K in Damages
A Missouri couple in their 90s and 80s have filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against Center Street Securities and its broker Joseph Martin LaTour. The latter is an investment advisor who operates out of Springfield under the local firm Latour Asset Management.
In their FINRA arbitration case, the claimants request up to $500K in damages. They allege that Center Street Securities broker Joseph LaTour unsuitably recommended GWG Holdings L Bonds to them. This was regardless of the fact that they had sought low-risk, stable investments.