Morgan Darby Hill/GWG L-Bond
Investigation
October 2022- Woodstock, GA
According to publicly available records Morgan Darby Hill, a broker formerly employed by Center Street Securities, discloses a pending customer suit involving an investment in GWG L-Bonds.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
IN 5/2022 a customer of Center Street Securities filed FINRA arbitration 22-1158 seeking damages of $500,000 as a result of a recommendation by Hill to invest in GWG L-Bonds. The client alleges that the recommendation was not suitable.
Hill, who operates Hill & Hill Financial in Woodstock, was employed with Center Street Securities from 12/2014-4/2022. He is currently registered with Arete Wealth Management.
GWG L-BOND LOSSES?
For more information on GWG Holdings, see this link and for more about Center Street’s issues with regulators over GWG investments.
If you have questions about an investment account with Morgan D. Hill , call to learn how you may be able to recover damages through FINRA arbitration.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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