Haselkorn & Thibaut, P.A. Targets Brokerage Firms for GWG L Bond Losses as Firm Achieves 98% Success Rate in National Recoveries
The national investment fraud law firm Haselkorn & Thibaut, P.A. has expanded its investigation into brokerage firms and financial advisors involved in the sale of GWG L Bonds. This follows the bankruptcy of GWG Holdings, Inc., which has affected…
The national investment fraud law firm Haselkorn & Thibaut, P.A. has expanded its investigation into brokerage firms and financial advisors involved in the sale of GWG L Bonds. This follows the bankruptcy of GWG Holdings, Inc., which has affected numerous investors. The firm, with over 50 years of combined legal experience and a 98% success rate, seeks recoveries for investors affected by these high-risk securities.
GWG Holdings filed for Chapter 11 bankruptcy protection, but many investors may find more substantial recovery through FINRA arbitration claims against the selling financial institutions, rather than through bankruptcy court.
GWG L Bonds were high-yield debt instruments used to finance life insurance policy purchases on the secondary market. Despite their high risk, these bonds were marketed to conservative investors and retirees as safe and stable alternatives to traditional bonds or CDs. Haselkorn & Thibaut is investigating whether brokerage firms conducted proper due diligence and ensured the suitability of these products for their clients, as required by FINRA rules and Regulation Best Interest (Reg BI).
Haselkorn & Thibaut has recently secured a $1.28 million award against Fidelity Brokerage Services LLC in FINRA arbitration, involving complex structured note investment products. The firm’s founding partners, Jason S. Haselkorn and Matthew N. Thibaut, utilize their backgrounds as former Wall Street defense lawyers to provide clients with unique insights into financial institutions' operations.
With offices in Florida, New York, North Carolina, Arizona, and Texas, Haselkorn & Thibaut offers nationwide representation. Key members include Jason S. Haselkorn, a recognized Super Lawyer with a 4.5/5.0 Martindale-Hubbell rating, and Matthew N. Thibaut, a Super Lawyer and former President of the Palm Beach County Estate Planning Council.
has expanded its investigation into brokerage firms and financial advisors involved in the sale of GWG L Bonds.
The firm is involved in several ongoing FINRA arbitrations concerning other complex investment products:
Delaware Statutory Trusts (DSTs): Claims against firms like Emerson Equity, LLC and Arkadios Capital. GPB Capital Holdings: Assisting victims of the $1.8 billion GPB Capital fraud. David Lerner Associates: Representation for clients who invested in Energy 11 and Energy 12.
Haselkorn & Thibaut specializes in holding broker-dealers and investment advisors accountable for:
Securities Fraud and Ponzi Schemes Unsuitable Recommendations and Overconcentration Breach of Fiduciary Duty and Elder Financial Abuse Churning and Unauthorized Trading Failure to Supervise
The firm has extensive experience with non-traded REITs, BDCs, private placements, variable annuities, and structured products, focusing on protecting elderly clients.
Haselkorn & Thibaut operates on a "No Recovery, No Fee" basis, allowing clients to pursue claims without upfront costs.
Investors in GWG L Bonds or other complex products should act quickly due to strict statutes of limitation and FINRA eligibility rules. For a free consultation, contact Haselkorn & Thibaut, P.A. at +1 888-885-7162.
Based on reporting by TechBullion.