Notice to Investors GWG L Bond

SARASOTA, Fla., May 24, 2022 (GLOBE NEWSWIRE) — National investment fraud attorney KlaymanToskes announces that he has filed a securities arbitration claim on behalf of a school teacher. retired special education against National Securities Corporation to recover damages suffered in GWG Holdings, Inc. (OTCMKTS: GWGHQ) L bonds.

According to the allegation, National Securities Corporation broker Mark Cline recommended that a Florida retiree invest in GWG L Bonds, which was an inappropriate, highly speculative and illiquid private placement. Incredibly, less than 3 years after the brokerage firm introduced GWG L bonds as a safe, low-risk investment, GWG halted its interest and principal payments. Shortly after, in April 2022, GWG filed for Chapter 11 bankruptcy, and the company and its brokerage network are under investigation by the SEC over L bond sales.

According to securities attorney Lawrence L. Klayman, Esq., “Brokerage firms had a responsibility to investigate and monitor red flags associated with GWG and its L Bonds to protect their clients. The company’s inability to conduct due diligence has caused our client substantial harm, and the firm is liable under a FINRA arbitration claim. »

The sole purpose of this release is to investigate on behalf of our customers who have purchased GWG L Bonds through full-service brokerage firms, including National Securities Corporation. Former and current clients of full-service brokerage firms such as National Securities Corporation with losses greater than $75,000, and those who have information about how their accounts have been handled, are encouraged to contact Lawrence L. Klayman , Esq. at 1 (888) 997-9956.

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. . The firm has recovered more than $230 million for investors in FINRA arbitrations. KlaymanToskes has offices in California, Florida, New York and Puerto Rico

Destination: https://klaymantoskes.com/gwg-l-bond-national-securities-corporation-mark-cline/

Contact

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

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Robert D. Coleman