Hillard Rest, Formerly with JRL Capital Corp., Subject of GWG Complaints

NEWPORT BEACH, CALIFORNIA

Did stockbroker Hillard Rest from Newport Beach, California recommend GWG L bonds to you? We are looking into claims made against the financial advisor, who previously worked with JRL Capital Corp.

Rest’s BrokerCheck report shows that he has been the subject of four customer complaints, all of which have been made since June 2022.  Each complaint makes allegations about recommendations to invest in products issued by GWG, including GWG L bonds.  GWG invested in life insurance policies on the secondary market.

In April 2022, GWG Holdings filed for bankruptcy protection, which results in significant losses for GWG investors.  If a recommendation to invest in GWG L bonds was unsuitable for a customer, then Rest and JRL Capital Corp. could be responsible for any investor losses.

Hillard Charles Rest worked at an office in Newport Beach, California with JRL Capital Corp. from March 2013 to April 2023.  He also operated Hillard Rest Associates in Newport Beach.

Our law firm currently represents multiple investors who lost money in GWG L bonds.  We represent investors in all 50 states including California.

View Rest, h BrokerCheck 4.26.23

If you lost money with Hillard Charles Rest, JRL Capital Corp., or GWG, please Contact Us at (206) 795-5798 for a free evaluation of your case.