Matt Hiss Sold GWG L-Bonds – May Recover Investor Losses
INDEPENDENT FINANCIAL PARTNERS investment adviser, Matt Hiss sold GWG L-Bonds. Goodman & Nekvasil, P.A. is representing clients who purchased GWG Holdings from Hiss’ Legacy Financial Solutions.
MATTHEW W HISS (CRD#: 5386963), a broker for IFP SECURITIES, LLC in ATWOOD, KS, has an investor complaint involving the sale of GWG Holdings. According to Hiss’ FINRA BrokerCheck report, Client alleges that Mr. Hiss improperly recommended that claimant invest in a high-risk, high commission illiquid alternative investment, namely GWG Holdings, Inc., L Bonds in his IRA account. Mr. Hiss, falsely represented that GWG was a safe investment because GWG invested in life insurance policies and that he failed to conduct a reasonable due diligence on this investment.
The client is requesting $125,941.71 for alleged damages.
MATTHEW W HISS Sold GWG L-Bonds
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 6/11/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.