National investment fraud lawyers KlaymanToskes is investigating Gary Gustave Benson (CRD# 1182211) of Pash & Benson International LTD., and Independent Financial Group, LLC, following a recent investor complaint alleging $200,000 in damages due to unsuitable GWG L Bond investments. The Encino, California-based stockbroker and investment adviser has ten additional customer complaints, of which eight have been settled in favor of the investors in the collective amount of $985,500.
If you suffered investment losses with Gary Gustave Benson at Pash & Benson International and/or Independent Financial Group, LLC in Encino, CA, you are encouraged to contact attorney Lawrence L. Klayman, Esq. at (888) 997-9956 or email@example.com to discuss recovery options. We offer free consultations and do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
According to FINRA Brokercheck, Gary Gustave Benson has 11 disclosed investor complaints. 8 out of 11 have been settled in favor of the investors in the collective amount of $985,500. The most recent complaint is pending and the remaining two complaints were closed.
KlaymanToskes is currently representing investors who sustained significant losses in GWG Holdings, Inc. (OTCMKTS: GWGHQ) L Bonds and is investigating the misappropriation of investor funds. Investors are encouraged to learn more about GWG L Bond Investment Recovery Options.
GWG L bonds were marketed as safe and low-risk investments that were instead unrated, illiquid, high risk, and speculative. GWG disclosed on the second page of its 2020 Prospectus, “L Bonds are only suitable for persons with substantial financial resources and with no need for liquidity in this investment.”
Although GWG filed for chapter 11 bankruptcy in April, 2022, investors may still pursue individual FINRA arbitration claims against the financial advisors and firms who sold this speculative security.
Contact attorney Lawrence L. Klayman, Esq. for a free and confidential consultation at (888) 997-9956 or firstname.lastname@example.org to discuss your potential case. We offer free consultations and every case is taken on a contingency basis, meaning we do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
In August, 2022, KlaymanToskes filed a related FINRA arbitration claim (Case No. 22-01932) against Craig Lee Carson (CRD# 41892), on the behalf of an 82-year-old widow seeking to recover over $220,000 in damages sustained in GWG Holdings, Inc. (OTCMKTS: GWGHQ) L Bonds.
To learn more about this case read our blog post:
“Intervest International Broker Craig Lee Carson Resigns Following Allegations of Over $10 Million in Damages to Customers”
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
Lawrence L. Klayman, Esq.