The allegations read: The client, and her now-deceased spouse, purchased $130,000 of gwg holdings, inc. In february, 2021. The civil litigation, filed in johnston county, north carolina, in june, 2023, named eugene cebron thompson, capital investment group, inc., and first federal bank (unaffiliated with the rep or the firm). The allegations in the civil litigation include breach of fiduciary duty, fraudulent misrepresentation, unfair or deceptive trade practices, constructive fraud, negligence by cig, negligent supervision and retention by the firm, and negligence by co-defendant, first federal bank. Damages sought: "a judgment to be entered in plaintiff's favor against each defendant, jointly and severally, in excess of $25,000".
