As GWG Holdings continues to struggle, investors are left holding the bag on millions of dollars of its failed L bonds. Many of those investors should never have been invested in the risky bonds in the first place.
GWG L bond investors are facing significant losses as GWG Holdings navigates both bankruptcy and class action lawsuits. Despite the bonds offering high interest dividends, the GWG L Bonds were poorly secured, unlisted and unsellable [...]
GPB has been the focus of multiple accusations that has led to the indictment of its Managing Director and CCO and class action lawsuits. The Wall Street Journal is now reporting that at least seven [...]