Rex Securities Law is investigating the potential for investors to recover losses on purchases of church bonds.
Church bonds are generally sold in small offerings of $20 million or less. Churches are experiencing hard times as are most businesses and individuals, following the 2008 financial crash and many churches have had to resort to bankruptcy protection. See this recent article in the Orlando Sentinel.
G.A. Repple & Company, a broker dealer headquartered in Casselberry, FL, has sold church bonds over the recent years. Their website describes their firm as “an investment, financial, tax and estate planning firm that gives objective counsel from a biblical perspective”
One of their brokers, Roy Carlson, has a number of disclosures on his FINRA CRD, including customers complaining about losses on:
- California Baptist Foundation bonds
- Baptist Church Loan Fund
- New Life Anointed Ministries International Church Bonds
- Manifestations Worldwide Inc. Bonds
To review the entire FINRA disclosure report for G.A. Repple, visit the BrokerCheck site here.
If you have losses on church bonds purchased from G.A. Repple or any other FINRA registered broker/dealer you may have legal rights that would permit you to recover all or a part of those losses.
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.
Florida-561 391 1900