Securities Arbitration Investment Fraud Lawyers » Investment and Regulatory News » GWG Bond Investors File FINRA Arbitration Claim Against Ausdal Financial Partners

investment arbitration

Travis John Wolfe of Downers Grove, IL, a stockbroker registered with Ausdal Financial Partners Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $300,000.00 in damages based upon allegations that Wolfe made unsuitable recommendations, made misrepresentations of material fact, and failed to perform due diligence in connection with the sale of GWG L-bonds during the time that Wolfe was associated with Ausdal Financial Partners Inc. Financial Industry Regulatory Authority (FINRA) Arbitration No. 22-01700 (July 29, 2022).

This is not the first time that Wolfe has been referenced in a customer initiated investment related dispute concerning Wolfe’s conduct in the securities industry. FINRA Public Disclosure shows that Wolfe was also referenced in a complaint filed on February 3, 2017, in which the customer requested compensation based upon allegations that Wolfe made unsuitable recommendations and made omissions of material fact in connection with the sale of closed-end funds during the period that Wolfe was associated with Purshe Kaplan Sterling Investments.

Wolfe was associated with Purshe Kaplan Sterling Investments in Chicago, IL, as a stockbroker from October of 2014 to December of 2015.

Wolfe has been associated with Ausdal Financial Partners Inc. in Downers Grove, IL, as a stockbroker since May 20, 2016, and as an investment advisor representative since May 23, 2016.