Natalie Fernandez Lee: Did Meridian Advisor Recommend L Bonds?

At least 12 current or former clients of Meridian Wealth Management advisor Natalie Fernandez Lee (CRD# 3176265) are listed as creditors for investments in GWG L Bonds and/or preferred stock, according to records filed with a US bankruptcy court in Texas. The records describe investments totaling more than $1.8 million. Securities and Exchange Commission records show that Ms. Fernandez Lee is currently based in Tucson, Arizona.

Investors should be aware that GWG Holdings is a Dallas-based financial services firm that reportedly raised more than $1 billion from investors, including many retail investors, in its product “GWG L bonds.” The reported function of the investment was to purchase life insurance policies on the secondary market, paying investors back when the policy holders passed away. The company filed for bankruptcy in 2022 after experiencing a series of financial difficulties and an SEC investigation that led to charges against broker-dealer firm Western International Securities. If your financial advisor recommended unsuitable investments in GWG L bonds or preferred stock, you may be eligible to pursue damages. More information about these products is available here.

According to the Securities and Exchange Commission, Natalie Fernandez Lee holds 24 years of securities industry experience. Based in Tucson, Arizona, she has been an investment advisor with Meridian Wealth Management since 2020. Her past registrations include Greenberg Financial Group (Tucson, Arizona; 2007-2020) and Compass Brokerage (Tucson, Arizona; 1999-2007). Her credentials include the passage of six securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. She is licensed as an investment advisor in Arizona. (Information current as of June 4, 2023.)

Carlson Law has represented at least nine investors in claims against their financial advisors for investments in GWG Holdings Inc. 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.