GPB Capital

GPB Capital2021-05-08T12:09:33-05:00

We Represent GPB Investors

Did you invest in GPB Capital Holdings fund? Contact us now for help.

GPB is facing multiple investigations by the SEC, FBI, and state agencies.

GPB describes itself as an “alternative asset management company focusing on acquiring income-producing private companies.” It offers funds in several industries, including the automotive retail sector, which is the source of GPB’s two most troubled funds – GPB Automotive Portfolio and GPB Holding II. Attracted by promises of high income and pushed by broker-dealers receiving substantial commissions, investors put $1.3 billion into them between 2013-2018.

While investigations move forward, GPB continues to delay releasing accurate, audited financial statements and investors are left hanging, wondering if their money still exists and where.

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.

How Does This Affect You?

The genius of GPB’s alleged scam was in offering brokers huge incentives in the form of extremely high fees. This influenced brokers to sell the security out of greed, against better judgement, and in spite of their fiduciary duties to investors. The class action lawsuit does not include the brokers who passed on GPB’s scam to you. If your broker sold you this asset, you may have a claim against them for failing to offer you unbiased, accurate advice.

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.

Some of the brokers that sold GPB placements include:

  1. Woodbury Financial Services, Inc.
  2. Sagepoint Financial, Inc.
  3. Royal Alliance Associates, Inc.
  4. Arete Wealth Management,
  5. Moloney Securities Co., Inc.
  6. Triad Advisors LLC
  7. Titan Securities
  8. Madison Avenue Securities, LLC
  9. Detalus Securities, LLC
  10. Cascade Financial Management, Inc.
  11. Vestech Securities, Inc.

FINRA: Financial Industry Regulatory AuthorityExperience Counts

The Law Office of Jared A. Rose has experience fighting and winning FINRA arbitration, and recently won a $776,462 award along with attorney Diane Nygaard on behalf of an elderly investor. The investor had placed his trust in Ameriprise and one of its brokers, and the arbitration panel found that Ameriprise had breached its fiduciary duties to the investor by selling him variable annuities and non-publicly traded REITs that generated large fees and commissions for Ameriprise and its broker but did not serve the investor’s best interests.

GPB Capital Holdings News

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 seven states, including Missouri, have [...]

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 as an “alternative asset management [...]

Go to Top