Skip to content
  • Home
  • World News
  • Business
  • Aviation
195 news

195News

All the news that's fit to print

  • Home
  • World News
  • Business
  • Aviation
  • Toggle search form
  • AOJ Language School kicks off Spring Semester 2024 enrollment, with the first info session scheduled for February 22
    AOJ Language School kicks off Spring Semester 2024 enrollment, with the first info session scheduled for February 22 World News
  • Market Insights And Future Outlook
    Market Insights And Future Outlook World News
  • Economic Resilience in Central Asia Initiative
    Economic Resilience in Central Asia Initiative World News
  • Secretary Antony J. Blinken With Senator Dick Durbin After Visit to the Ukrainian Cultural Center
    Secretary Antony J. Blinken With Senator Dick Durbin After Visit to the Ukrainian Cultural Center World News
  • War Day 73: war diaries w/ Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Фейгин
    War Day 73: war diaries w/ Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Фейгин World News
  • Alexander Döll Appointed CEO of the Methanol Institute
    Alexander Döll Appointed CEO of the Methanol Institute Aviation
  • Strengthening Shared Understanding Among the Partners in the Blue Pacific and Pacific Islands: Illegal, Unreported and Unregulated Fishing (IUUF) and Maritime Domain Awareness (MDA)
    Strengthening Shared Understanding Among the Partners in the Blue Pacific and Pacific Islands: Illegal, Unreported and Unregulated Fishing (IUUF) and Maritime Domain Awareness (MDA) World News
  • Nutritional Supplements Market Size Expected To Reach 7 Billion By 2027
    Nutritional Supplements Market Size Expected To Reach $507 Billion By 2027 World News
Contact KlaymanToskes for Recovery Options

Contact KlaymanToskes for Recovery Options

Posted on February 28, 2024 By NewsEditor

Contact KlaymanToskes for Recovery Options

KlaymanToskes Continues Filing FINRA Arbitration Claims on Behalf of Coastal Equities Customers for GWG L Bond Investment Losses

NEW YORK, NY, USA, February 21, 2024 /EINPresswire.com/ — National investment loss attorneys KlaymanToskes continues investigating Coastal Equities on behalf of all GWG L Bond investors. The firm continues to currently represent many GWG L Bond investors throughout the country. Customers of Coastal Equities who have suffered investment losses due to GWG L Bonds and/or other alternative investments should contact the firm immediately at 888-997-9956 to discuss recovery options.

KlaymanToskes previously reported that the firm has filed several FINRA arbitration claims (no. 23-00330, no. 23-02376, and no. 22-01946) against Coastal Equities, on the behalf of numerous investors who are seeking to recover up to $900,000 in collective damages, in connection with being recommended to invest in unsuitable and illiquid investments, including GWG L Bonds.

The L bonds were marketed by many brokerage firms, including Coastal Equities, as safe and low-risk investments that were instead illiquid, high-risk, and speculative. In January 2022, GWG stopped paying interest and principal payments to bondholders. Shortly thereafter, GWG Holdings, Inc. filed for bankruptcy, suspending their monthly dividends and leaving investors without access to their principal.

In June 2023, GWG’s bankruptcy court authorized the sale of GWG Holdings’ primary asset: equity interest in Beneficient (NASDAQ: BENF). However, since opening at $15 on its first day of trading, BENF has plummeted to less than $1. L bondholders are owed over $1.3 billion, however, GWG’s ability to monetize its equity interest in Beneficient remains uncertain.

In August 2023, the GWG L Bonds were canceled, and investors were issued “Interests” in the Wind Down Trust, however, the value of the Interests and timeline for the bankruptcy’s resolution remain uncertain. KlaymanToskes believes bondholders’ ideal option to maximize their recovery of losses is through a FINRA arbitration claim against the brokerage firms and financial advisors who sold these illiquid investments.

GWG L Bondholders who suffered losses at Coastal Equities and/or any other brokerage firm, are encouraged to contact attorney Lawrence L. Klayman, Esq. at (888) 997-9956 or [email protected] for a free and confidential consultation to discuss legal options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

About KlaymanToskes

KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.

Contact

Lawrence L. Klayman, Esq.
KlaymanToskes, P.A.
+1 888-997-9956
[email protected]

You just read:

News Provided By

February 21, 2024, 15:25 GMT


EIN Presswire’s priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content.
As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone’s Internet News Presswire™,
tries to define some of the boundaries that are reasonable in today’s world. Please see our
Editorial Guidelines
for more information.

Article originally published on www.einpresswire.com as Contact KlaymanToskes for Recovery Options

World News

Post navigation

Previous Post: Naturetec Innovates with Ultrasound in Extract Production
Next Post: Thank You Manjeri for the Warm Welcome to the Marathon Runners, Says Sabeer Nelli

Related Posts

  • San Francisco Area Artist Kevin Kearney Lends Paintings and Recollections to the Breaking The Rules Exhibit
    San Francisco Area Artist Kevin Kearney Lends Paintings and Recollections to the Breaking The Rules Exhibit World News
  • Kiselev – Arestovich: The Demand to Replace the Old System has Intensified pt.1of2
    Kiselev – Arestovich: The Demand to Replace the Old System has Intensified pt.1of2 World News
  • Australia National Day – United States Department of State
    Australia National Day – United States Department of State World News
  • War Day 115: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin
    War Day 115: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • War Day 104: war diaries w/Advisor to Ukraine President, Intel Officer @Alexey Arestovych  & #Feygin
    War Day 104: war diaries w/Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Feygin World News
  • Ancient Architecture as the DNA of Civilizations
    Ancient Architecture as the DNA of Civilizations World News
October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • The Global Games Show 2025, hosted by VAP Group with Abu Dhabi Convention & Exhibition Bureau, Returns for 3rd EditionOctober 9, 2025
  • Antibody Production Market Outlook 2025–2035October 9, 2025
  • Franchise Development Service Market to Reach USD $10.94 Billion by 2029 at 9.4% CAGROctober 9, 2025
  • Financial Outsourcing Services Market to Reach $74.72 Billion by 2029 with 8.3% CAGROctober 8, 2025
  • Fairhope Aerospace Earns SBA Veteran-Owned Small Business CertificationOctober 8, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • Martha’s Vineyard takes center stage in the U.S. political fight over immigration
    Martha’s Vineyard takes center stage in the U.S. political fight over immigration World News
  • No Label Brewing Celebrates IPA Day and Kicks Off Houston Craft Beer Month with Epic Events and Community Support
    No Label Brewing Celebrates IPA Day and Kicks Off Houston Craft Beer Month with Epic Events and Community Support Business
  • Investing over 100 million euros in Italy’s Innovative Ventures
    Investing over 100 million euros in Italy’s Innovative Ventures Business
  • Clinton Makes RFK Assassination Remark
    Clinton Makes RFK Assassination Remark World News
  • Secretary Blinken’s Meeting with Greek Prime Minister Mitsotakis
    Secretary Blinken’s Meeting with Greek Prime Minister Mitsotakis World News
  • Tesla Outsourcing Services Champions Design Consistency and Efficiency with Custom Revit Family Creation
    Tesla Outsourcing Services Champions Design Consistency and Efficiency with Custom Revit Family Creation Business
  • Great Lakes St. Lawrence Governors and Premiers Launches Regional ‘100% Whitefish’ Initiative
    Great Lakes St. Lawrence Governors and Premiers Launches Regional ‘100% Whitefish’ Initiative Business
  • Neivis Paulino, Founder of Galilee Life, A DotCom Magazine Exclusive Interview
    Neivis Paulino, Founder of Galilee Life, A DotCom Magazine Exclusive Interview World News
aerospace company
stem cell clinic in kiev
medical spa in miami
Fashion TV free

Copyright © 2023 195 News. All Rights Reserved by Coolaser | Partner of VUGA Enterprises |  Advertising: Get Published

Powered by .