Triad Advisors Facing Arbitration Claims Over GPB CAPITALAdmin_gpbc
Triad Advisors Facing Arbitration Claims Over GPB Capital
Have you lost money investing in GPB Capital through Triad Advisors? Triad Advisors is a securities brokerage firm owned by Ladenburg Thalmann Financial Services. According to a recent filing with the SEC (Securities and Exchange Commission), Triad Advisors is facing six customer-initiated arbitration claims. The claims allege $1.65 million in damages in GPB Capital.
Brokerage firms like Triad Advisors have an obligation to sell suitable investments to their clients. If the brokerage firm fails to do so, they can be liable for investor losses. Brokerage firms also have obligations to perform due diligence on investments before they are sold to investors, so that the firms can disclose the risks and characteristics of the investment to their customers. If a brokerage firm fails to perform adequate due diligence, and investors suffer damages as a result, the brokerage firm can be liable for losses.
Israels & Neuman is an investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. Our attorneys have represented over 1,000 investors throughout the country, including in FINRA arbitration. We have also represented several investors in a prior case related to a Ponzi scheme run by a former broker at Triad Advisors.