LINDA WIMSATT Has GWG Holdings Investor Complaints  – May Recover Investor Losses

LINDA WIMSATT Has GWG Holdings Investor Complaints  – Goodman & Nekvasil, P.A. May Recover Investor Losses

Former CHICAGO CAPITAL MANAGEMENT ADVISORS, LLC investment adviser, LINDA WIMSATT Has GWG Holdings Investor Complaints.

LINDA JILL WIMSATT
LINDA JILL EBLOWITZ
CRD#: 1401802

Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your adviser.

LINDA JILL WIMSATT (CRD#: 1401802), a former registered representative for AMERICAN TRUST INVESTMENT SERVICES, INC. in Carlsbad, CA has GWG Holdings investor complaints.  According to Wimsatt’s FINRA BrokerCheck report, The most recent customer alleges Failure to conduct reasonable due diligence, misrepresentation and overconcentration.
FINRA subsequently suspended LINDA WIMSATT.  FINRA alleges, Wimsatt recommended that four retail customers invest in GWG L Bonds, which were speculative, unrated corporate bonds.
The FINRA allegations also state that the recommendations were not in the customers’ best interests based on their investment profiles.
Wimsatt consented to a four-month suspension from associating with any FINRA member in all capacities, and a $10,000 fine.  The broker was also ordered partial restitution of $20,974.75 plus interest.
LINDA WIMSATT Has GWG Holdings Investor Complaints.

LINDA WIMSATT Has GWG Holdings Investor Complaints.

Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.

St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors.  The  firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.

Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.

We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.

There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.

If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.

Some of the information in this blog post was obtained from FINRA on 11/19/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.

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