Skip to Content

Zamansky LLC Investigates Sales of L Bonds of GWG Holdings Inc. by Emerson Equity LLC

August 9, 2021 Active Cases & Investigations

We are investigating potential legal claims on behalf of investors who purchased L Bonds of GWG Holdings Inc. (GWGH). GWGH issued $1 billion L Bonds to investors with maturities of two to seven years to finance its purchase of life insurance policies.  Recently, these L Bonds defaulted in paying interest, and GWGH ceased issuing new L Bonds.   The investigation concerns securities fraud, investment fraud, misrepresentation, breach of fiduciary duty and other sales violations towards L bondholders.

Reportedly, L Bonds were sold through an offering managed by broker-dealer, Emerson Equity LLC, as well as other brokerage firms that were part of the selling group.   These L Bonds were speculative investments due to the distressed financial condition of the issuer, GWGH.   These L Bonds were not suitable for conservative or even moderate investors, and totally inappropriate for retirees.  Emerson Equity LLC had a duty to make sure that any investor knew the risks associated with the L Bonds.

Concerned About Your Investment and the GWG Holdings Investigation?  Contact Securities Fraud Attorney Jake Zamansky Today

If you purchased an L Bonds through Emerson Equity LLC or own shares of GWGH, you should contact securities fraud attorney Jake Zamansky at 212 742-1414, or by email at jake@zamansky.com, for an evaluation of whether you are eligible to file a claim as part of the GWG Holdings investigation. 

Tell Us About
Your Losses

Categories

Jake's Blog

Client Reviews

“Jake Zamasky and his colleagues represented me in a FINRA arbitration case against a large multinational bank and succeeded in obtaining an award for the full amount of my investment losses. I would highly recommend the Zamansky firm for their experience in securities litigation, their level of detailed research and case preparation, and their ability to effectively fight for what’s right.”

Richard R.

“Throughout my entire case, Jake Zamansky was incredibly responsive and spent time walking me through each step of the process. He is professional and worked with my challenging schedule, even meeting with me nights and on weekends. He knew exactly which turn to take when it came to my case and yet was respectful of any decisions I wanted to make resulting in a positive outcome.”

Donald A.

“Jake Zamansky and his firm represented me in a FINRA arbitration case to recover investment losses. Jake and his team were very professional and worked very hard preparing for trial and then reaching a substantial settlement of our case. I would highly recommend them.”

William E.

“Jake Zamansky represented me in a FINRA arbitration case which allowed me to recover a substantial portion of investment losses. He is truly an expert in this space and I would highly recommend him to those investors who may have been been a victim of investment fraud.”

Chris K.

“Jake and his team did a great job communicating with me throughout the process of my lawsuit. I would recommend him to anyone looking to sue UBS for unethical practices.”

Mike A.
View More
Tell Us About Your Losses Get Started