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GWG L Bond Attorneys
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.