Klayman/Toskes

03/30/2023

Today, our firm issued an important press release concerning an update in the GWG Holdings bankruptcy court proceeding. L Bond investors are encouraged to contact our firm for more information at 888-997-9956 or on the web at www.klaymantoskes.com.

https://www.einpresswire.com/article/624824426/gwg-bankruptcy-update-judge-denies-l-bond-compensation-proposal-as-not-specific-enough

09/28/2022

FINRA is investigating senior executive at David Lerner Associates, Inc. Daniel Lerner, over sales of energy funds. Lerner is the senior vice president of investor services and is the son of David Lerner. Our own Lawrence Klayman, the plaintiff's attorney, joined the conversation over this topic, stating that Lerner "misrepresented" products to his client, an elderly woman. Furthermore stating that she was "completely exploited" and believed she was buying municipal bonds. You can learn more about this ongoing investigation at the link. https://www.investmentnews.com/finra-investigates-david-lerners-son-over-sales-of-in-house-funds-226971

07/22/2022

On June 16th, 2022, the SEC filed a complaint against Western International Securities and 5 of its brokers for recommending GWG L-bonds which were unrated, high-risk debt security sold to investors. If you have lost money in GWG L-bonds or would like to learn more, be sure to head over to the link.
https://klaymantoskes.com/press_releases/notice-to-western-international-securities-customers-who-purchased-gwg-l-bonds/

07/20/2022

In a current memo to all staff, Morgan Stanley is reorganizing its top leadership in investment banking. These changes are to "pivot to long-term growth." Financial Times discusses what this means for the investment firm's future and the future of its clients. What do you think?https://www.ft.com/content/87a2dac8-d499-49f1-87ed-5bd241a3cd64

Wall Street lender elevates Eli Gross and Simon Smith to be co-heads of dealmaking division

07/18/2022

Not just the mega-wealthy are losing money in this market- everyone is. But, investing early on in a bear market can actually yield higher returns come to your retirement. The New York Times discusses the dos and don'ts for retirement investing in our current financial climate. Tap the link to learn more. https://www.nytimes.com/2022/07/08/business/bear-market-retirement-investment.html

A bear market can be great for your future wealth, if you use broad, low-cost funds to buy stocks and bonds steadily for decades, our columnist says.

07/15/2022

Do you have losses sustained by GWG L-bonds in excess of $75,000? National investment fraud attorneys Klayman Toskes are currently investigating GWG L-bonds that have been sold to full-service brokerage firms. If you think this applies to you, click the link to learn more or to contact us for further information. https://klaymantoskes.com/gwg-holdings-l-bonds-lawsuit/

07/13/2022

Klayman Toskes is currently investigating National Securities Corporation after has sanctioned them at around $9 million. The reasoning behind this fine is the firm's disclosure failures regarding GPB Capital. To learn more about our investigation or to contact us, be sure to head to the link. https://klaymantoskes.com/national-securities-corporation-gpb-capital-losses/

National Securities Corporation customer with GPB Capital losses? - KlaymanToskes continues to investigate firm for GPB sales.

07/11/2022

Margin abuse can result in excessive use of margin loans to protect account collateral. Margin loans expose investors to greater risks and costs and can wipe out an investor’s brokerage account equity in a short period of time. To learn more about margin loans, head over to the link. https://klaymantoskes.com/violations/margin-abuse/

“margin loans expose investors to greater risk and costs”. Margin abuse can result in excessive use of margin loans or the failure to utilize risk management strategies to protect account collateral. Margin calls can wipe out an investor’s brokerage account equity in a short period of time.

07/08/2022

Need to recover your losses sustained by GWG L-bonds? National investment fraud attorneys are currently investigating GWG L-bonds sold to investors from full-service brokerage firms. To learn more about our investigation, head over to the link. https://klaymantoskes.com/gwg-holdings-l-bonds-lawsuit/

07/06/2022

What is unauthorized trading? According to FINRA, unauthorized trading is the purchasing or selling of securities in a non-discretionary customer account without prior authorization and ultimately represents a sales practice violation. To learn more about unauthorized trading, be sure to read up at the link. https://klaymantoskes.com/violations/unauthorized-trading/

“financial advisors must receive prior authorization for all account transactions”According to the Financial Industry Regulatory Authority (FINRA), unauthorized trading is considered purchasing or selling securities in a non-discretionary customer account without prior customer authorization and...

07/05/2022

National investment fraud lawyers are encouraging Robinhood investors to file securities arbitration claims in light of a recent class action settlement. This settlement is due to the March 2020 Robinhood system outages. To learn more, click the link. https://klaymantoskes.com/robinhood-march-2020-outage-investment-losses/

Robinhood March 2020 outage investment losses? National investment fraud lawyers encourages Robinhood customers to consider legal options.

07/01/2022

National investment fraud attorneys Klayman Toskes is currently investigating losses sustained by GWG L-Bonds. Investors with losses in excess of $75,000 resulting from recommendations from full-service brokerage firms are encouraged to reach out. For more information or to contact us, be sure to click the link to learn more. https://klaymantoskes.com/gwg-holdings-l-bonds-lawsuit/