GWG L Bond investors who have received notice of the $50,950,000.00 proposed class action settlement should understand the math involved in arriving at this number.  According to the class action notice, this proposed settlement provides an estimated investment recovery of approximately $30.46 per $1,000.00.  In other words, this will be a fraction of the original […]

In a recent article from InvestmentNews.com, it was reported that Emerson Equity, a California broker/dealer, is suing a network of insurance underwriters in a $5 million dispute over insurance claims by investors who bought GWG L bonds that were issued by GWG Holding Inc., which filed for Chapter 11 bankruptcy in April. Emerson Equity was […]

Soreide Law Group has recently been contacted by clients of the broker/investment adviser, TIMOTHY JOSEPH SCANLON (CRD#: 1968597) currently with ARQUE CAPITAL, LTD. of Scottsdale, Arizona. The clients are alleging they were recommended purchasing GWG L Bonds.  Many of the broker/dealer firms that sold GWG L Bonds to their investors may have recommended them as […]

Soreide Law Group has been contacted by clients of ERIC SCOTT FELSENFELD (CRD#: 4496689) a broker/financial advisor with KINGSWOOD CAPITAL PARTNERS of Rockville, Maryland, who were allegedly recommended they purchase GWG L Bonds. In an April 4, 2022 article from the Wall Street Journal, they state that GWG Holdings Inc., a company known for selling […]

Soreide Law Group is currently investigating claims that investors have made against brokers/financial advisors who may have made recommendations to purchase GWG L Bonds. JAMES EARL WILLIAMS of NEWBRIDGE SECURITIES CORPORATION in Boca Raton, Florida, allegedly may have recommended to certain clients the purchase of GWG L Bonds. GWG Holdings is the issuer of the […]

Soreide Law Group is currently investigating claims that investors have made against brokers/financial advisors who made recommendations to purchase GWG L Bonds. The L bond was a specialty high-yield bond created and issued by GWG Holdings (GWGH) from 2012 through 2021.  This bond was a private placement. The L bond financed the purchase of life […]