Investment fraud is far too common as many investors blame themselves for losses and don’t know they can recover their investment losses.
Alternative asset firm GWG Holdings, Inc., filed for bankruptcy protection under Chapter 11 on the 20th of April, 2022, leaving a large number of investors in GWG L Bonds with gaping holes in their portfolios. This announcement comes even as GWG Holdings has been courting trouble for some time. It has failed to submit required […]
GWG L Bonds Recovery Options For Investors Read More »
After concealing the risks faced by a set of its fund managers that crashed during global market fluctuations, an Allianz Structured Alpha (SE) unit will plead guilty to wrongdoing and has agreed to pay $5.8 billion. Allianz Global Investors US, a fully owned subsidiary of the German insurer, shall admit guilt to a federal charge
Allianz Structured Alpha: Allianz SE Pleads Guilty and Agrees to Pay $5.8 Billion Read More »
Are L bonds a good investment? The short answer is that L Bonds are not a good investment for most investors due to the risk and lack of liquidity. The current value on the secondary market is 20-30 cents on the dollar. Meaning GWG L Bonds lost over 70% of their value. If you haven’t
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Brook Taube and Seth Taube, former co-chief executive officers of Medley Management, are currently facing charges brought against them by the Securities and Exchange Commission (SEC). These charges allege that they deliberately created an “illusion” of future growth by making misleading statements to investors and clients. The SEC has taken action to hold them accountable
Medley Management Fined $10M and given Cease and Desist Read More »
The UBS Yield Enhancement Strategy was a complex scheme that was designed to earn more yield when interest rates were low and markets were flat. It involved investing in options on the S&P 500 index, also known as the iron condor. Despite its complexity, the strategy was wildly successful, and even some investors have benefited
UBS Yield Enhancement Strategy Update Read More »