What Did Your Brokerage Firm or Investment Adviser Do Wrong With GWG
Published On: September 8, 2016

Were you sold structured notes linked to the US Oil Fund by an LPL broker? Stoltmann Law Offices is investigating the sale of these notes and are interested in speaking to those individuals who may have lost money because of the sale of those notes. You may be able to recover those losses by bringing a claim against LPL in the Financial Industry Regulatory Authority (FINRA) arbitration forum on a contingency fee basis. We help investors recover losses. The structured notes sold by LPL are not suitable for all investors. Firms such as LPL and their brokers can only recommend and sell those investments that are suitable for investors. Notes linked the US Oil Fund tend to be risky and illiquid investments. Since crude prices dropped to an all-time low in 2009, banks have sold a record amount of US structured notes that track an index of oil and gas companies. Because crude costs are still low, many of the stocks have not had the chance to rebound, causing investors to lose money. Production and exploration companies took advantage of low interest rates to fund growth with cheap debt, and falling oil prices put pressure on those companies to cut costs. Credit Suisse AG sold $79.5 million of notes linked to the oil and gas index at the end of December last year. 312-332-4200.

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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.

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