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AARON CRUZ of Independent Financial Involved in GWG Losses
Investment Losses in GWG Bond Sales by Advisor Aaron Cruz
SHERIDAN, WYOMING
Have you invested in the GWG L Bonds through financial advisor Aaron Cruz of Sheridan, Wyoming? According to records filed with the GWG bankruptcy, at least one investor who invested through Aaron L. Cruz lost money investing in the GWG L bonds. While GWG investors can potentially recover money in the bankruptcy process, it is unlikely that they will get much back. However, investors may be able to recover losses through FINRA Arbitration. The law firm of Israels & Neuman can help.
Investors may have potential claims against the advisors and/or brokerage firms that recommended GWG L bonds. When making investment recommendations to customers, advisors have a duty to make suitable recommendations to the investor, considering their age, risk tolerance, investment objectives, and other financial circumstances. If the recommendation to invest in GWG was unsuitable, the advisor could be responsible for the customers’ losses. Moreover, if any misrepresentations were made in connection with the GWG bond sales, that too could be actionable conduct.
Aaron Cruz has been with IFP (Independent Financial Partners) Securities from September 2019 to the present. He previously was affiliated with Cetera Advisors and AXA Advisors. Cruz has worked in Sheridan, Wyoming.
Israels & Neuman represents investors in FINRA arbitration throughout the U.S., including investors in Wyoming. While we have offices in Denver and Seattle, we can represent investors in arbitration in Wyoming.
View BrokerCheck Report: Cruz, a BrokerCheck 6.1.22