GPB has been the focus of multiple accusations that has led to the indictment of its Managing Director and CCO and class action lawsuits. The Wall Street Journal is now reporting that at least seven states, including Missouri, have filed allegations against GPB Capital Holdings alleging “massive fraud” in a “Ponzi-like scheme that fleeced investors”.
Read Full Article
If you are an investor who purchased a GPB Capital product, contact us to find out if you have a case that could help you recover losses due to securities mismanagement or broker-dealer misconduct.
More GPB News
SEC Monitor Installed at GPB Capital Holdings
GPB agrees to have an independent monitor oversee the firm’s operations before court forces the issue.
More Fallout at GPB Capital
GPB has been the focus of multiple accusations that has led to the indictment of its Managing Director and CCO and class action lawsuits. The Wall Street Journal is now reporting that at least [...]
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 [...]
Class Action Filed against GPB and Complicit Brokers
Embattled GPB Capital Holdings has been struck with another legal blow.
GPB Capital Faces Scrutiny, Accusations
Investors who purchased private placement funds from GPB Capital paid high commissions to brokers and have suffered significant losses. GPB is facing multiple investigations by the SEC, FBI, and state agencies. GPB describes itself [...]
