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DALLAS, April 08, 2022 (GLOBE NEWSWIRE) — National investment fraud lawyers KlaymanToskes continues to investigate the sales practices of full-service brokerage firms, including Emerson Equity, LLC, relating to GWG Holdings, Inc.’s (NASDAQ:GWGH) (“GWG”) L Bonds in light of the Wall Street Journal’s reporting that GWG is preparing to file for bankruptcy.
According to securities attorney Lawrence L. Klayman, Esq., “Brokerage firms such as Emerson Equity have a duty to perform appropriate due diligence to ensure that they understand the nature of products such as GWG’s L Bonds. The failure to conduct a reasonable investigation into a product…
Full story available on Benzinga.com
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