GWG Holdings L Bond Lawsuits
Representing Hundreds of GWG Holdings L Bonds Investors. Over $5 Million Recovered
TABLE OF CONTENTS
GWG Holdings Lawsuit: Recovering Millions for Investors
In the past three years, our team has proudly helped recover millions of dollars for GWG investors through arbitration claims against their brokerages. We have resolved dozens of claims and put hard-earned money back in our clients’ pockets.
GWG L Bonds were high risk. We allege that brokerages should have more thorough research before recommending them to investors.
Every claim has a deadline for filing. Investors who wish to learn more about their options in filing a GWG Holdings lawsuit against their brokerage firms should reach out as soon as possible or risk losing their ability to recover their losses.
Join the GWG L-Bond Investors who have already recovered money.
We'll follow up with you by email or phone within 24 hours
Time is Running Out: GWG L-Bond Investors, Act Now
Some investors have been waiting to file a legal claim until the bankruptcy is further along, but lost their ability to file a claim because:
- Their brokerages have gone out of business or run out of funds.
- There are laws that limit how long investors have to file legal claims.
Why Should You Sign Up for A Brokerage Claim?
- Over 2 Years with ZERO payout from the bankruptcy.
- Meanwhile, we’ve already helped 100+ investors recover money from their brokerages.
Additionally, the bankruptcy is unlikely to resolve quickly, and based on recent March 2025 bankruptcy news, a proposed settlement with Beneficient in the GWG bankruptcy will deliver just 3 cents on the dollar to GWG investors.
Time is running out! Reach out to our experienced GWG legal team and we can help you determine if you still have time.
“You stayed on top of it and let us know what was happening. We were impressed with your office”
– E. and B. Brown, Our GWG Clients
In the News
See what others are saying about us.
"GWG’s own marketing materials highlighted the risky nature of the business, and that was ignored by the handful of broker-dealers that put the product on their platform." -Scott Silver
Our L Bond attorneys were the first to take an L Bond case to the FINRA equivalent of trial, and win!
“The question is why anyone would recommend this product to a client […] This case is not about the customer, it’s about the product. The arbitrators appear shocked to hear billions of dollars of this stuff is sold.” – attorney Scott Silver
2025 GWG L Bond Bankruptcy Update: L Bond Investors May Receive 3 cents on the dollar
As of March 2025, GWG L Bond investors may receive 3 cents from bankruptcy.
GWG L Bond investors are more likely to recover money from their brokerages.
On March 10, 2025, Beneficient announced that it had entered into a $50.5 million settlement to resolve lawsuits related to GWG Holdings. The proposed settlement will deliver just 3 cents on the dollar for L Bond investors.
This proposed settlement would resolve GWG litigation claims against Beneficient and related entities. As part of the GWG bankruptcy plan, investors were offered shares of Beneficient, which have now lost over 98% of their value since shares began trading at $15.
The proposed settlement is not final, and still needs to be approved by federal judges in bankruptcy court and district court, as reported by InvestmentNews. For the latest news and updates for GWG L Bond bondholders, visit our GWG Holdings Updates page.
SEC Files Complaints Against Brokerages:
In July 2024, the SEC started filing complaints against brokers who told investors GWG L Bonds were sage or principal guaranteed.
One SEC company even calls a broker “reckless” for not know that investors were not guaranteed to receive interest payments or a return of their GWG principal.
What Did Brokerages do Wrong by Recommending GWG L Bonds?
What did brokerages do wrong? Brokerage firms have a legal responsibility to conduct due diligence on the investment products they offer. Many brokerage firms ignored obvious warning signs that GWG was a bad investment, but sold GWG L Bonds to their clients anyway, so they could take home up to an 8% commission on each L Bond sale.
Do you have to sue your broker? No. We are filing legal claims against the brokerage firms that offered GWG, not the brokers themselves. The brokerage firms select the investment product that advisors may offer to their clients. Many brokerages across the nation encouraged the sale of risky and speculative GWG L Bonds because they received a heft commission to do so – it’s time to hold them accountable.
Hiring Our Team for the GWG Holdings Lawsuit: No Win, No Cost!
If we don’t win, you owe us nothing.
We will not charge you legal fess or for any of the costs of litigating your case unless you win a recovery.
There is no financial downside to you if you pursue a legal claim—you only stand to recover additional funds.
We pursue cases on behalf of our clients on a “contingency fee basis”. This means that pursing a GWG L bond lawsuit against your brokerage will cost you nothing unless we win, and even then, you pay nothing out-of-pocket (our attorneys’ fees and costs are deducted from your recovery).
Additional FAQs
How long will a GWG Holdings Lawsuit take?
These legal claims typically take between 9-18 months to resolve. The cases go through a confidential process called arbitration, which is typically much faster and cost-effective than court cases (including bankruptcy cases).
Filing a GWG L-Bond Claim - Is it difficult?
The reason to hire good lawyers is that they make the process easy for you, and you feel comfortable with your them. We take our commitment seriously to keep the burden on our clients to the bare minimum. As in any legal case, you will need to provide us with certain documents and information and communicate with us as the case progresses. You will not need to sit for a deposition. The process for suing a brokerage typically involves less work and is much quicker than filing a lawsuit in court.
Recover your GWG L Bond Losses
We’ll follow up with you by email or phone within 24 hours
Start Your Claim in 3 Easy Steps
It is free to sign up and you owe nothing unless we get you compensation.
Fill out the contact form on this page
Enter your full legal name. Once you submit the form you will be taken to a short questionnaire.
Speak with Our Legal Team
Using the contact information you provide, our team will reach out to learn more about you and your story.
Sign a Representation Agreement
After our attorneys determine that you qualify for a legal claim, you will need to sign a representation agreement.
About Our GWG L Bond Lawyers
“You and your entire staff have been wonderfully organized, professional, and a delight to hear from. Usually that is not the case when dealing with legal matters – but you guys (gals) rock”
– Amy, Gibbs Mura client.
Gibbs Mura, A Law Group
Gibbs Mura’s financial fraud and securities lawyers have more than two decades of experience prosecuting fraud. The firm has successfully litigated against some of the largest companies in the United States, and has recovered more than a billion dollars on clients’ behalf.
Gibbs Mura attorneys have fought some of the most complex cases brought under federal and state laws nationwide, and have been recognized with numerous awards and honors for their accomplishments, including Top 100 Super Lawyers in Northern California, Top Plaintiff Lawyers in California, The Best Lawyers in America, and rated AV Preeminent (among the highest class of attorneys for professional ethics and legal skills).
Silver Law Group
Silver Law Group is a team of securities lawyers, forensic accountants, and support staff who are dedicated to helping investors recover losses through securities arbitration and litigation.
The firm is led by Scott Silver, a former Wall Street defense attorney who has been representing customers in securities and investment fraud cases since 2002. Scott is admitted to practice in New York and Florida and the firm’s FINRA arbitration attorneys represents investors nationwide.
“My in-laws lost their retirement funds to a dishonest broker. Silver Law Group and Scott Silver aggressively pursued their losses until he got their money back.”
– Ben M., Silver Law Group client.
Attorneys
Scott Silver
Scott, a national leader in securities arbitration and litigation, has recovered over $650 million on behalf of investors in financial fraud claims.
Eric Gibbs
A founding partner at the firm, Eric has negotiated groundbreaking settlements that favorably shaped laws and resulted in business practice reforms.
View full profileEileen Epstein Carney
Eileen represents investors and consumers harmed by financial fraud and other corporate misconduct. She also executes on the firm's strategic vision.
View full profileRyan Schwamm
Adam Aronovsky
Adam works with the firm’s financial fraud and consumer protection teams to develop new cases and conducts outreach to clients and potential clients.
View full profileDani Tishkoff Chidester
Dani is an integral member of the sexual assault and financial fraud teams and works with clients through all stages of the litigation process.
View full profilePrefer to chat? Give us a call at
866-779-0441
3 Easy Steps: Start A GWG Holdings Lawsuit Against Your Brokerage
Fill out the contact form on this page.
Enter your full legal name. Once you submit the form you will be taken to a short questionnaire.
Speak with our legal team.
Using the contact information you provide, our team will reach out to learn more about you and your story.
Sign a representation agreement, if you qualify.
After our attorneys determine that you qualify for a legal claim, you will need to sign a representation agreement.
ATTORNEYS:
Scott Silver
Eileen Epstein Carney
Ryan Schwamm
Eric Gibbs
Time is Running Out: Recover Your GWG Losses
We'll follow up with you by email or phone within 24 hours