NOTICE TO NEWBRIDGE CUSTOMERS WHO SUFFERED LOSSES IN GWG AND BOURNE SENIORS HOUSING INVESTMENTS

Contact the Law Firm of KlaymanToskes for a Free and Confidential Consultation to Discuss Pursuing a Potential Recovery of Your Losses

NEW YORK, NY, UNITED STATES, July 30, 2025 /EINPresswire.com/ -- National investment loss and securities law firm KlaymanToskes issues an important notice to all investors who purchased GWG L Bonds and Bourne Seniors Housing Fund private placements at Newbridge Securities. The law firm urges all investors who suffered investment losses due to the recommendation of their financial advisor to contact the firm immediately at 888-997-9956 for a free and confidential consultation to discuss potential recovery options.

KlaymanToskes reports the law firm has filed a FINRA arbitration claim (Case No. 25‑01491) against Newbridge Securities on behalf of investors seeking to recover $325,000 in damages, in connection with being recommended to invest in unsuitable high-risk alternative investments known as GWG L Bonds and a Bourne Seniors Housing LLC fund, by their financial advisors, Elaine Zito (CRD# 2849238) and John Zaffarano (CRD# 6690551).

According to the claim filed by KlaymanToskes, Newbridge and its representatives failed to conduct proper due diligence before recommending illiquid alternative investments in GWG L Bonds and the Bourne Seniors Housing fund, a non-traded real estate private equity investment focused on senior living facilities. The investors, who sought conservative investments, were not made fully aware of the high risks, lack of liquidity, and sector concentration these investments posed.

KlaymanToskes’ investigation found that the Bourne Seniors Fund was marketed by Newbridge as a safe investment despite being a high-risk private placement, concentrated in a vulnerable real estate sector, and subject to significant liquidity risk. Additionally, GWG Holdings stopped paying principal and interest payments, and filed for Chapter 11 bankruptcy.

With the GWG Holdings’ bankruptcy plan offering only a 3% recovery to L bondholders, affected investors may pursue an additional potential recovery through a FINRA arbitration claim. It is critical that GWG L Bond investors explore all of their legal options outside of the bankruptcy.

Customers of Newbridge Securities and/or any other brokerage firm who suffered investment losses are encouraged to contact attorney Steven D. Toskes, Esq. at (888) 997-9956 or by email at investigations@klaymantoskes.com for a free and confidential consultation to discuss potential recovery options.

About KlaymanToskes

KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration and litigation on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $600 million in Securities Litigation and FINRA Arbitration matters. KlaymanToskes has office locations in California, Florida, Nebraska, New York, and Puerto Rico.

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Contact

Steven D. Toskes, Esq.
KlaymanToskes, P.A.
+1 888-997-9956
investigations@klaymantoskes.com