Virgil Alvis Folden (CRD#1067585) and SAXONY SECURITIES, INC.

The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims against Virgil Alvis Folden (CRD#1067585) regarding allegations made regarding the following:

Claim(s) Made Against Virgil Alvis Folden:

Claim Date: 10/22/2022

“On 10/14/2015, Mr. Folden misrepresented the GWG Investments and failed to disclose material facts concerning these investments.”

This claim is currently Pending with a claim amount of $300,000.00 .

See more information on FINRA’s BrokerCheck site for Virgil Alvis Folden.

Did you have problems with Virgil Alvis Folden?

The Securities Lawyers have recovered millions of dollars for investors across the country and are currently investigating the possibility of bringing claims on behalf of individual or group investors who have suffered losses. If you were a customer of Virgil Alvis Folden and SAXONY SECURITIES, INC. and experienced investment losses, please contact the Securities Lawyers. We only receive payment if we are able to recover your money, and you may be eligible for financial compensation. It is important to note that there may be time limits or statutes of limitations that apply to your claim, so it is crucial to speak with an attorney as soon as possible.

If you were a customer of Virgil Alvis Folden and SAXONY SECURITIES, INC. from Fredericksburg, VA and had a similar issue or experience, we are interested in discussing a potential claim with you. Brokerage firms have a responsibility to supervise all representatives who are registered through their firm. (See our video “Warning signs of a bad financial advisor”). Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. The brokerage firm is not only legally responsible for the acts of its agents, like Virgil Alvis Folden, the broker dealer may also be liable for investment losses sustained by customers for a failure to supervise. The Securities Lawyers at Halling & Cayo, S.C. have recovered millions of dollars for investors across the country.


Contact The Securities Lawyers

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Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.

He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.

Contact him at (414) 755-5020 or via e-mail at SMS@hallingcayo.com to see if he can help recover your funds.