Do I have a claim if Robinhood’s platform went down during volatility?
Possibly. Even if you never placed a trade, you may have a claim if outages locked you into positions, prevented you from managing risk, or caused damages. Each case depends on your account records, investment objectives, and what the platform represented to you.
Can self-traders sue Robinhood for trading restrictions?
Yes. Robinhood and similar platforms are broker-dealers subject to FINRA and SEC rules. They cannot excuse trading restrictions or outages simply because investors use a self-directed account. If you were restricted from trading during a critical moment, such as the GameStop or AMC events in January 2021, you may have a claim.
Is there a time limit to file a GWG L Bonds claim?
Yes. Securities claims are subject to strict time limits, including FINRA Rule 12206, which can bar claims that are not filed within six years of the events giving rise to the dispute. GWG L Bonds typically renewed automatically at maturity unless investors gave notice. More than half were not redeemed but rolled into new bonds. These renewals can affect when the clock starts for certain claims.
Because these time limits can permanently bar recovery, it is critical to act promptly and evaluate your claim as soon as possible. Contact us now to protect your rights.
How much does it cost to bring a claim?
You owe no legal fees unless we recover money for you. We handle these cases under a contingency fee arrangement.
How does FINRA arbitration work?
FINRA arbitration is a forum for disputes between investors and brokerage firms. It is generally faster, confidential, and more favorable to investors than court. Arbitrators can award damages for investment losses caused by unsuitable sales and misrepresentations.
What will I recover from the GWG bankruptcy?
As of July 2026, the GWG Wind Down Trust estimates cumulative distributions of approximately 3.912% to former GWG bondholders based on their pre-petition GWG L Bond holdings, or approximately $3,912 for every $100,000 invested. While additional distributions may occur, the bankruptcy recovery is expected to represent only a small fraction of investors' losses. Investors do not have to wait for future Wind Down Trust distributions before pursuing FINRA arbitration claims against the brokerage firms or financial advisors that recommended GWG L Bonds.
Why are brokerage firms responsible if GWG went bankrupt?
Because brokers had a duty to recommend only suitable investments and to disclose risks. Misrepresentations and unsuitable sales violated FINRA rules and securities laws. Brokerage firms can still be held liable even if GWG itself is bankrupt.
