Meyer Wilson is currently investigating the activities of Anthony John Pitta, a registered broker and investment adviser based in New York. Mr. Pitta has been involved in the recommendation and sale of GWG L Bonds, which have become a significant concern for investors who have suffered financial losses. At Meyer Wilson, we have a strong commitment to advocating for investors who have been adversely affected by unsuitable investment recommendations. It’s our mission to support and guide you through the process of seeking justice and recovering any damages incurred. We are currently representing many of GWG L Bond investors from across the United States, and we understand the complexities involved in these cases.
The BrokerCheck report on Anthony John Pitta reveals a total of six disclosures, two of which involve unsuitable investments. There are also four active customer disputes specifically regarding investments in GWG L Bonds. These customers allege that Mr. Pitta’s recommendations were not appropriate for their investment profiles, leading to substantial losses, and they are collectively seeking damages in excess of $1.15 million. It’s important to note the nature of GWG L Bonds as high-risk and illiquid investments. With GWG Holdings having filed for bankruptcy and suspended interest payments and redemptions, many investors have found themselves in a difficult financial situation. If you have invested in GWG L Bonds, it is crucial to explore your legal options without delay.
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Furthermore, Anthony John Pitta has faced settled disputes in the past, including a claim related to an investment in American Realty Capital’s New York City REIT, which was alleged to be unsuitable. This highlights the importance of thorough due diligence when reviewing the history of any financial advisor or broker. With 34 years of experience in the financial industry and a background working for multiple firms, Mr. Pitta holds numerous securities licenses and state certifications. However, his experience must be weighed against the allegations and customer disputes that have arisen over the years.
If you have sustained investment losses due to GWG L Bonds or other unsuitable investment recommendations, let Meyer Wilson provide the expert legal representation you deserve. We invite you to reach out to us to schedule a complimentary, no-obligation consultation. You can contact our office at 866-938-2021 to speak directly with one of our knowledgeable attorneys. We take pride in serving clients nationwide and are here to answer the common questions investors have about their rights and the options available to them.
Don’t let time constraints limit your ability to recover what you’ve lost. Contact Meyer Wilson today, and let us help you navigate the path to potential recovery.
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