What Did Your Brokerage Firm or Investment Adviser Do Wrong With GWG
Published On: September 6, 2016

Stoltmann Law Offices is interested in speaking to those individuals who may have invested money with Jack Jarrell, an adviser with OAG Wealth Management in Kirkland, Washington. According to the Securities and Exchange Commission (SEC), Jarrell and another adviser, Jeffory Churchfield, sold promissory notes of the Providence Fixed Income Fund and Providence Financial Investments, which are purported to be investments in “factoring” of accounts receivable in Brazil. The SEC alleged that these companies did not account for the funds’ use of capital, and that they concealed the fact that they faced serious financial difficulties. The SEC subsequently alleged that the companies were ponzi schemes. Providence was unable to answer basic questions about the structure of its organization, use of investor proceeds and current financial situation.

Jarrell has been registered with OAG Wealth Management in Kirkland since December 2013. Jarrell filed for bankruptcy in 2010. If you or someone you know invested money with Jack Jarrell or OAG Wealth Management or with the Providence Fund, please call our Chicago-based law offices today to speak to an attorney. We may be able to help you bring a claim against OAG for investment losses. They may be responsible for losses and we sue firms such as OAG on a contingency fee basis. We only get paid if you recover your losses.

Disclaimer

The posting on this site are mere OPINIONS and NOT statements of fact in any way whatsoever. The information should not be relied upon and there have been no findings made against the firms or individuals referenced on this site. In addition, this Blog is made available for educational purposes only and incorporates information from the web as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and Stoltmann Law Offices (161 N Clark Street 16th Floor Chicago, IL 60601). The Blog opinions should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.

PLEASE NOTE THIS IS ADVERTISING AND IT IS NOT A NEWSPAPER ARTICLE OR POST FROM AN INDEPENDENT OR NON-BIASED, NEWS SITE, NEWS SOURCE OR NEWSPAPER.

Chicago Investment Fraud Attorneys Offering Nationwide Representation to Investors

If you have suffered financial losses because of the negligence or fraud of your financial advisor or broker through unsuitable investment recommendations, over-concentration, churning, misrepresenting risks, conversion or selling away, you have legal rights and options to pursue recovery of those losses.

Stoltmann Law Securities Investment Fraud Attorneys