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GWG Holdings L Bonds Investor Alert: National Investment

DALLAS, April 08, 2022 (GLOBE NEWSWIRE) — National investment fraud attorney KlaymanToskes continues to investigate the sales practices of full-service brokerage firms, including Emerson Equity, LLC, regarding GWG Holdings, Inc. (NASDAQ: GWGH) (“GWG”) bonds L in light of reports from The Wall Street Journal that GWG is preparing to file for bankruptcy.

According to securities attorney Lawrence L. Klayman, Esq., “Brokerage firms such as Emerson Equity have a duty to perform appropriate due diligence to ensure that they understand the nature of products such as L bonds of GWG. Failure to conduct a reasonable investigation of a product may result in liability and may be the basis of a FINRA arbitration claim.

GWG Holdings plans to file for Chapter 11 bankruptcy due to recent interest and principal defaults, the company’s disclosure of its failure to file an annual report on Form 10-K on time, and an ongoing SEC investigation. Brokerage firms such as Emerson Equity have sold GWG L bonds to individual investors, many of whom are elderly or retired.

The sole purpose of this release is to investigate the sales practices of Emerson Equity and other full-service brokerage firms regarding GWG L Bonds. Investors experiencing losses greater than $250,000 in GWG L Bonds and those with information regarding the handling of their accounts at full-service brokerage firms regarding GWG L Bonds are encouraged to contact Lawrence L. Klayman, Esq. at 1-888-997-9956, and download our special report for investors.

About Us

KlaymanToskes is a leading national securities law firm practicing exclusively in the area of ​​securities arbitration on behalf of retail and institutional investors worldwide in large and complex securities matters. . KlaymanToskes has recovered over $230 million for investors in FINRA arbitrations. KlaymanToskes has offices in California, Florida, New York and Puerto Rico.

Contact

Klayman Toskes
Lawrence L. Klayman, Esq.
1-888-997-9956
[email protected]
www.klaymantoskes.com