{"id":28447,"date":"2022-08-04T09:00:51","date_gmt":"2022-08-04T14:00:51","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=28447"},"modified":"2022-08-22T09:56:13","modified_gmt":"2022-08-22T14:56:13","slug":"gwg-l-bond-houston-investor","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/gwg-l-bond-houston-investor\/","title":{"rendered":"Centaurus Recommended GWG Holdings L Bonds To Houston Investor Who Was Saving For Retirement"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">Claimant files FINRA arbitration claim for up to six figures in damages<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A Houston, Texas investor has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against <\/span><a href=\"https:\/\/www.investorlawyers.com\/centaurus-financial.html\"><span style=\"font-weight: 400;\">Centaurus Financial<\/span><\/a><span style=\"font-weight: 400;\"> after he sustained losses in GWG Holdings L Bonds. These risky junk bonds were unsuitable for this inexperienced retail investor, yet his Centaurus broker allegedly recommended and sold L Bonds to this claimant.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">GWG Holdings, Inc., which sold $1.6B of L bonds to investors through brokerage firms like Centaurus, filed for Chapter 11 bankruptcy protection in April 2022. Thousands of investors seek to recover losses in these complex, speculative, and illiquid high-yield bonds.<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/gwg-l-bond-houston-investor\/\"  title=\"Continue Reading Centaurus Recommended GWG Holdings L Bonds To Houston Investor Who Was Saving For Retirement\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Claimant files FINRA arbitration claim for up to six figures in damages A Houston, Texas investor has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against Centaurus Financial after he sustained losses in GWG Holdings L Bonds. These risky junk bonds were unsuitable for this inexperienced retail investor, yet his Centaurus broker allegedly recommended [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":28448,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3762,4723],"tags":[3258,4684,4696],"class_list":["post-28447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-investigations","category-gwg-holdings-2","tag-centaurus-financial","tag-gwg-holdings","tag-gwg-l-bonds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GWG L Bonds Recommended to Houston Investor<\/title>\n<meta name=\"description\" content=\"Centaurus Financial unsuitably recommended GWG L bonds to a Houston investor saving for retirement. 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Learn more.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/08\/bonnie-kittle-2ERdMv4LGm8-unsplash-2.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/gwg-l-bond-houston-investor\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/gwg-l-bond-houston-investor\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Centaurus Recommended GWG Holdings L Bonds To Houston Investor Who Was Saving For Retirement","datePublished":"2022-08-04T14:00:51+00:00","dateModified":"2022-08-22T14:56:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/gwg-l-bond-houston-investor\/"},"wordCount":518,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/gwg-l-bond-houston-investor\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/08\/bonnie-kittle-2ERdMv4LGm8-unsplash-2.jpg","keywords":["Centaurus Financial","GWG Holdings","GWG L Bonds"],"articleSection":["Current Investigations","GWG Holdings"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/gwg-l-bond-houston-investor\/","url":"https:\/\/www.investorlawyers.com\/blog\/gwg-l-bond-houston-investor\/","name":"GWG L Bonds Recommended to Houston Investor","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/gwg-l-bond-houston-investor\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/gwg-l-bond-houston-investor\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/08\/bonnie-kittle-2ERdMv4LGm8-unsplash-2.jpg","datePublished":"2022-08-04T14:00:51+00:00","dateModified":"2022-08-22T14:56:13+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Centaurus Financial unsuitably recommended GWG L bonds to a Houston investor saving for retirement. 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