Stockbroker FraudGPB Capital Investment Losses Lawsuit

If you lost money investing in GPB Capital, contact our law firm right now to protect your rights. To find out if you have a case, complete the form on this page or call 1-800-934-2921.
May 25, 2020

Since 2013 GPB Capital has raised nearly $2 billion for investments in automotive dealers, waste management, and middle market lending. GPB Capital paid brokerage firms on average 10% to sell these high-risk products to investors seeking income.

If you lost money investing in GPB Capital, contact our law firm right now to protect your rights. To find out if you have a case, complete the form on this page or call 1-800-934-2921.

 

In December 2018 GPB Capital stopped paying income to investors. GPB is a non-traded investment so retirees relying upon the halted income stream cannot sell the investment. GPB Capital is currently under investigation by the SEC and FBI relating to the firm’s accounting practices. Multiple securities fraud class actions have been filed, and Volkswagen has filed a lawsuit relating to GPB’s automotive dealership fund. The State of Massachusetts has opened an investigation into the 63 broker-dealers that sold GPB funds to investors in the state. Kyros Law was one of the first firms to file cases against brokerage firms that sold GPB more than a year ago. Our firm has filed FINRA arbitration claims on the basis that the brokerage firms failed to do adequate due diligence before GPB was put on the firm’s platform to sell to clients. The investment structure of the GPB funds simply wasn’t sustainable when you consider the brokerage commissions, GPB overhead, and income stream to investors that began before funds were fully invested. Not surprising, the investments have struggled since GPB stopped raising capital.

Our firm currently represents investors against the following brokerage firms:

  • Newbridge Securities
  • Crown Capital
  • Aegis Capital
  • FSC Securities
  • Sagepoint
  • National Securities
  • Hightower Securities
  • Concorde Capital
  • Dempsey Lord & Smith
  • Arkadios
  • Sandlapper Securities
  • Triad
  • International Assets Advisory

GPB Capital Investment Losses Recover Claims

If you lost money investing in GPB Capital, contact our law firm right now to protect your rights. To find out if you have a case, complete the form on this page or call 1-800-934-2921.