Close Menu
Free Consultation: 888-976-6111

Ed Kasperavich: $300K GWG L Bond Complaint Against Stonecrest Advisor

Ridgewood, New Jersey financial advisor Ed Kasperavich (CRD# 4970038) allegedly provided poor advice concerning an investment in GWG L bonds, according to a recent investor complaint. Records maintained by the Financial Industry Regulatory Authority indicate that he is a broker with Stonecrest Capital Markets and an investment advisor with Stonecrest Advisors.

Mr. Kasperavich’s BrokerCheck report discloses one recent investor complaint. Filed in October 2022, it alleges that he provided poor recommendations and poor advice relating to investments in GWG L bonds between 2019 and 2022. More information about GWG Holdings, which reportedly raised $1.6 billion in funds from investors before filing for bankruptcy and being investigated by the Securities and Exchange Commission, is available here. The pending complaint alleges damages of $300,000.

According to the Financial Industry Regulatory Authority, Ed Kasperavich holds 17 years of securities industry experience. Based in Ridgewood, New Jersey, he has been a broker with Stonecrest Capital Markets and an investment advisor with Stonecrest Advisors since 2016. His past registrations include Royal Alliance Associates (Paramus, New Jersey; 2006-2016), Investment Advisors Asset Management (Paramus, New Jersey; 2006-2016), and Investment Advisors & Consultants (Paramus, New Jersey; 2005-2006). His credentials include the passage of three securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Arizona, California, Connecticut, Delaware, the District of Columbia, Florida, Louisiana, Maine, Nevada, New Jersey, New York, Oklahoma, and Pennsylvania. (Information current as of February 13, 2023.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
Latest Blog Posts
  • Jeffrey Lawson: Fifth Third Securities Denies $2.5 Million Complaint

    A recent investor complaint against Florence, Kentucky financial advisor Jeffrey Lawson (CRD# 3257793) alleged that his conduct resulted in losses...

    Read More
  • LPL Advisor Brian Bates Faces ETF Complaint

    Phoenix financial advisor Brian Bates (CRD# 2318413) is involved in an investor complaint alleging he failed to follow a customer’s...

    Read More
  • Carol Lemoult: $625K Complaint Against Ex-Wells Fargo Advisor

    Former Irvine, California financial advisor Carol Lemoult (CRD# 331681) allegedly over-concentrated investments in a customer’s account, according to a recent...

    Read More
  • Peter Shen: $1.5 Million Complaint Against Former IFG Advisor

    A recent investor complaint against Orange, California financial advisor Peter Shen (CRD# 5769894) alleges that his conduct resulted in damages...

    Read More
  • Previous
  • Next