News

/News

GPB Managing Director and CCO Indicted for Obstruction of Justice

More evidence of corruption at GPB Capital Holdings stacks up as its Managing Director and CCO is indicted. According to the indictment, when MICHAEL S. COHN left his position at the SEC to take a job with GPB, he allegedly stole sensitive and confidential information about investigations and brought that information into his new company. [...]

2019-11-07T11:59:14-06:00November 9th, 2019|GPB Capital, Investor Law, News|

Class Action Filed against GPB and Complicit Brokers

Embattled GPB Capital Holdings has been struck with another legal blow. Investors recently filed a class action complaint that alleges GPB breached its fiduciary duty by failing to produce timely and accurate financial statements and that it continues to prevent investors from getting information about their investments. The lawsuit implicates brokers who sold GPB Capital [...]

2019-11-07T11:55:26-06:00November 7th, 2019|GPB Capital, Investor Law, News|

UBS Group Faces YES Client Complaints After Significant Losses

The Wall Street Journal [1] has reported that USB Group is facing multiple customer complaints for a risky investment program that suffered significant losses in 2018. According to the complaints, UBS brokers began targeting wealthy investors in 2015 to be introduced to the Yield Enhancement Strategy, or YES, program. The complex strategy involved buying [...]

2019-09-05T13:01:24-06:00September 5th, 2019|Investor Law, News|

Problems Found With CFP Board of Standards Website Directory

August 2, 2019 Investors seeking the advice of a Certified Financial Planner will likely turn to the Certified Financial Planner Board of Standards Inc. as a source. To become a Certified Financial Planner, an advisor must complete a rigorous course of examinations, log 6000 hours of experience, and pass the Board’s conduct Fitness Standards. [...]

2019-09-05T13:04:42-06:00August 2nd, 2019|Investor Law, News|

Click for live chat!