The allegations read: [redacted]: client purchased, on multiple occasions in 2019, gwg holdings, inc. L-bonds. Gwg holdings filed chapter 11 bankruptcy on april 20, 2022. Complaint alleges violations of federal securities laws; violation of nc securities act; breach of contract; common law fraud; breach of fiduciary duty, and; negligence and gross negligence.
the compensatory damage amount listed in the statement of claim was, in total, for three separate customers of the firm, of which [redacted] was one. The other two customers were of another representative, not ms. Farrell. The damage amount listed for mr. [redacted], specifically, was $250,000.
