Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marion Leonberger (Leonberger), previously associated with American Equity Investment Corporation, has at least one disclosable event. These events include one customer complaint, alleging that Leonberger recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $100,000.00 on March 15, 2023.
Investments made on September 2018. September 2019, August 2020 and September 2020 in GWG L-bond. L-Bond stopped paying interest in February 2022 and in April, 2022, GWG filed for re-organization under Chapter 11 bankruptcy. Plan to exit bankruptcy currently being reviewed by court.