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.