The Peabody Retirement Community filed a voluntary Chapter 11 restructuring case on June 24, 2013, in the U.S. Bankruptcy Court for the Southern District of Indiana. This restructuring could possibly result in a default which would then cause bonds, originally issued in August 2002, to lose their value.
Some of these bonds were recommended and sold through B.C. Ziegler and Co. They were primarily used to fund the construction of a 144-bed skilled nursing center, a 48-unit memory care center and a 73-unit assisted living facility at the North Manchester retirement community.
If you or a family member invested in The Peabody Retirement Community bonds, recommended and sold by B.C. Ziegler and Company, or other broker-dealers, call Soreide Law Group, for a free consultation on how to potentially recover your losses. To speak with an attorney, call 888-760-6552.
GWG L bonds are at the center of a FINRA arbitration claim that Soreide Law Group filed in July 2026 for a retired couple in their eighties. The claim names Ernesto Chavez (CRD: 4315877) and Western International Securities. Attorney Lars K. Soreide signed the statement of claim, dated July 16, 2026. It alleges damages of […]
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
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