WDD Investigation
GWG L Bonds
Williams Dirks Dameron and its co-counsel are investigating L Bonds issued by GWG Holdings, Inc. In 2022, GWG defaulted on the bonds leaving bondholders with worthless investments.
WDD believes that broker-dealers who sold the GWG L Bonds knew or should have known that the GWG L Bonds were inappropriate investments for their clients. Had these broker-dealers conducted even basic due diligence, then they would have discovered that GWG was passing investor money to Beneficient—a startup “alternative asset” firm with no track record of performance.
WDD believes that at least 37 broker-dealers were selling GWG L Bonds, including the following:
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Western International Securities
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Centaurus Financial
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Emerson Equity
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Coastal Equities, Inc.
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Great Point Capital
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National Securities Corporation
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Dempsey Lord Smith
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TFS Securities
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Intervest International Equities
If you purchased GWG L Bonds from these or any other broker-dealer, contact us to learn more. You can reach Williams Dirks Dameron at info@williamsdirks.com or 816-945-7110.
About Williams Dirks Dameron
Williams Dirks Dameron is a law firm specializing in representing businesses and individuals in complex litigation across the United States. We represent siphisticated clients in high-stakes litigation across the country - all with a contingency fee model that aligns with out clients' best interests.
Williams Dirks Dameron
Contingency Fee Model
Williams Dirks Dameron represents clients on a contingency basis, meaning that we do not bill clients by the hour. Instead our clients pay no legal fees unless we ultimately recover money for the client. This contingency model where we get paid only if our client gets paid, aligns our interests with our clients' interest - interests that maximize recovery as efficiently as possible.