Silver Law Group represents investors in arbitration claims against the broker-dealers that sold GWG L Bonds. Silver Law Group, along with co-counsel, also filed a class action complaint directly against GWG Holdings and several of its principals to recover losses suffered by L Bond investors. L Bond investors have grown…
For several months, we’ve blogged about GWG Holdings, a Dallas-based company selling L-Bonds, which are not publicly traded and have considerable risk. The bonds are based on life insurance policies and were both risky and illiquid. In fact, in the fine print of GWG’s prospectus, it states, “Investing in our…
Broker Ashley Charles Woodard (CRD#: 4703144), a broker in Greenville, SC is currently registered with NY Life Securities LLC (CRD#: 5167). Woodard formerly worked for Flynn Wealth Management with now-barred broker James Flynn. Silver Law Group has filed FINRA arbitration claims on behalf of clients who invested with Flynn Wealth…
Patrick H. Maddren CRD#4665903 Silver Law Group is investigating Ft Lauderdale, Florida-based Westpark Capital Inc. broker Patrick H Maddren following a customer complaint alleging unauthorized trading, churning and unsuitable investment recommendations. According to FINRA’s BrokerCheck report on Maddren, a complaint was received in March of 2016 stemming from his time…
Gaetano Magarelli CRD#2227996 Silver Law Group is investigating Boca Raton, Florida-based Newbridge broker Gaetano Magarelli following multiple customer complaints alleging unsuitable investment recommendations, churning and misrepresentation According to FINRA’s BrokerCheck report on Magarelli, a complaint was received in August of 2017 alleging that Magarelli had provided unsuitable investment recommendations. The…
Alexander Kibrik CRD#5556827 Silver Law Group is investigating Former New York, New York-based Garden State Securities broker Alexander Kibrik following a customer complaint alleging unauthorized investment activity and unsuitable investment recommendations. According to FINRA’s BrokerCheck report on Kibrik, a complaint was received in March of 2017 alleging that Kibrik provided…
Samuel B Rankin CRD#811491 Silver Law Group is investigating Charlotte, North Caroline-based UBS Financial Services broker Samuel Rankin following a customer complaint alleging unsuitable investment recommendations. According to FINRA’s BrokerCheck report on Rankin, a complaint was received in September of 2017 alleging that Rankin provided unsuitable investment recommendations and misallocated…
Leon P. Rehak CRD#2331058 Silver Law Group is investigating Pompano Beach, Florida-based LPL Financial broker Leon Rehak, after multiple customer allegations of misrepresentation and unsuitable recommendations were received by FINRA. According to FINRA’s BrokerCheck report on Rehak, a complaint was filed in October of 2017 alleging that during his time…
Angela M. Graham West CRD#3004083 Silver Law Group is investigating Fort Lauderdale, Florida-based Oppenheimer & Co broker Angela West following a customer complaint alleging excessive investment activity, unsuitable investment recommendations and breach of fiduciary duty. According to FINRA’s BrokerCheck report on West, a complaint was received in October of 2017…
William C. Gennity CRD#4913490 Silver Law Group is investigating Staten Island, New York-based First Standard Financial Company broker Willam Gennity following a customer complaint alleging unauthorized investment activity, unsuitable investment recommendations and breach of fiduciary duty. According to FINRA’s BrokerCheck report on Gennity, a complaint was received in August of…