Investors Name Robert Wilson in Disputes Involving GWG Holdings Bonds

Robert Wilson (CRD #: 2364716), a broker formerly registered with American Equity Investment Corporation, is the subject of two pending disputes, according to his BrokerCheck record, accessed on May 2, 2023. Keep reading if you have questions about his alleged conduct as a broker.

Investor Disputes

On February 15, 2023, an investor filed a dispute alleging that Robert Wilson facilitated their purchase of a $25,000 3-year and a $25,000 7-year bond from GWG Holdings on March 22, 2021.

The dispute also notes that GWG Holdings filed for bankruptcy in April 2022. The client seeks $50,000 in this pending dispute.

A similar dispute, filed on September 2, 2022, alleges that Robert Wilson facilitated purchases of $25,000 2- and 3-year GWG bonds on March 21, 2019. This pending dispute seeks $50,000 in damages.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to tailor their investment recommendations to suit investors’ profiles. These profiles describe an investor’s tax status, age, and other characteristics.

Investors who believe their losses are the result of unsuitable investment recommendations may be able to recover their funds by seeking out FINRA arbitration.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Robert Wilson has passed the following exams:

• Series 63 – Uniform Securities Agent State Law Examination
• Series 65 – Uniform Investment Adviser Law Examination
• SIE – Securities Industry Essentials Examination
• Series 7 – General Securities Representative Examination
• Series 6 – Investment Company Products/Variable Contracts Representative Examination

He has also worked for the following firms:

• American Equity Investment Corporation (CRD#:40199)
• Calton & Associates (CRD#:20999)
• Southeast Investments, N.C. (CRD#:43035)
• WallStreet*E Financial Services (CRD#:43896)
• Ridgeway & Conger (CRD#:113055)
• United Planners’ Financial Services of America (CRD#:20804)     
• Raymond James Financial Services (CRD#:6694)
• Robert Thomas Securities (CRD#:10147)
• Wheat, First Securities (CRD#:6124)
• Hartford Equity Sales Company (CRD#:6604)     
• American United Life Insurance Company (CRD#:1075)

Kurta Law Can Help

If you worked with Robert Wilson and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.