Paul Wesley Witthauer, Broker with G.A. Repple & Company, Named in Customer Dispute Concerning Recommendation of L Bonds in GWG Holdings

INVESTORS: G.A. Repple & Company broker Paul Wesley Witthauer was named in a customer dispute alleging concerning an investor’s purchase of L Bonds issued by GWG Holdings.

Paul Wesley Witthauer (CRD: 1672263) is registered as a broker with G.A. Repple & Company, where he’s been employed since 2017.  Witthauer was previously registered as a broker with OneAmerica Securities from 2010 until 2017.

Witthauer has one disclosure on his BrokerCheck report. 

May 2022 Customer Dispute

Status: Settled

Allegations: G.A. Repple & Company received written notice from FINRA on May 2, 2022 that G.A Repple & Company have been named as Respondent in an arbitration concerning the purchase of $250,000 in L Bonds issued by GWG Holdings. [REDACTED] are listed as Claimants. The notice received from FINRA references the date April 26, 2022. Mr. Paul Witthauer is the registered representative of record and while not named as a Respondent, is referenced in the received notice. The bonds were purchased by Claimants on or about March 19, 2021.

Damage Amount Requested: $250,000.00

Broker Comment: G.A. Repple & Company received written notice from FINRA on May 2, 2022 that G.A Repple & Company have been named as Respondent in an arbitration concerning the purchase of $250,000 in L Bonds issued by GWG Holdings. [REDACTED] are listed as Claimants. The notice received from FINRA references the date April 26, 2022. Mr. Paul Witthauer is the registered representative of record and while not named as a Respondent, is referenced in the received notice. The bonds were purchased by Claimants on or about March 19, 2021. G.A. Repple & Company received written notice of this matter on May 2, 2022. A Form 4530 was filed in a timely manner; several questions existed as to which question(s) need to be answered “Yes” on Mr. Witthauer’s Form U4 and were addressed via telephone with FINRA. This disclosure is being submitted immediately upon verifying that the information provided is accurate.

The Sonn Law Group is currently investigating allegations surrounding Paul Wesley Witthauer. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.