Jamie Nowakowski with Coastal Equities and GWG L Bond Sales

HEBRON CONNECTICUT

Have you lost money in GWG L Bonds through Jamie Nowakowski in Hebron, Connecticut? According to FINRA’s BrokerCheck, Jamie Nowakowski and her former brokerage firm, Coastal Equities, are the subject of a $100,000 customer complaint made in May 2022. The May 2022 complaint alleges that Nowakowski made an unsuitable recommendation to invest in GWG L bonds, and that Coastal Equities failed to perform adequate due diligence on GWG.

GWG Holdings filed for bankruptcy in April 2022, which likely means investors will have significant losses. The bankruptcy will likely wipe out most, if not all of the value, of the GWG L bonds and other GWG products.

Because GWG bondholders are likely to get little or no money back from the GWG bankruptcy process, bondholders should consider other options. When stockbrokers recommend products like GWG, they must ensure that the investments are suitable for the customer. Moreover, the advisor must refrain from making material misrepresentations or omissions about the GWG products.

From January 2017 to February 2020, Jamie Nowakowski had a securities license through Coastal Equities. She has since moved on to Equitable Advisors in a Hebron, Connecticut office. This is Nowakowki’s first customer complaint in about 20 years in the securities industry.

Israels & Neuman represents investors in FINRA arbitration throughout the U.S., including investors in Connecticut. While we have offices in Denver and Seattle, we can represent investors in arbitration in Connecticut. We also currently represent multiple investors who lost money in GWG L bonds.

View Nowakowski, j BrokerCheck 6.20.22

If you lost money with Jamie Nowakowski, Coastal Equities, or GWG bonds, contact the law firm of ISRAELS & NEUMAN at (720) 599-3505 or (206) 795-5798 for a Free evaluation of your case.