INVESTIGATION of KRISTIAN FINFROCK – Evansville, WI
Israels & Neuman, PLC Investigates Kristian Finfrock, of Kalos Capital Have you lost money with financial advisor Kristian L. Finfrock, with Kalos Capital in Evansville, Wisconsin? We are investigating allegations of customers related to Kristian Finfrock. Finfrock has been the subject of a customer complaint, where the customer alleges that Finfrock made an investment recommendation to invest in GPB Capital. GPB Capital raised over $1.8 billion from investors through investments sold by dozens of brokerage firms, including Kalos Capital. Investors have [...]
UPDATE! GPB Capital Class Action Lawsuit
GPB Capital Announces Another Delay in Releasing Audited Financials GPB Capital has been in the news again, and once again it is for negative news. GPB Capital announced last week that it was again delaying releasing audited financial statements for its company. This is in addition to the other recent news that GPB has been the subject of multiple investigations by securities regulators and has also been the subject of a class action suit alleging fraud. GPB Capital raised over $1.8 [...]
Triad Advisors Facing Arbitration Claims Over GPB CAPITAL
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 [...]
INVESTOR ALERT! Class Action Against GPB CAPITAL
GPB Capital Subject of Class Action GPB Capital is under more pressure with the recent filing of a class action in Texas. The class action alleges that GPB Capital operated like a Ponzi scheme, engaged in self-dealing, and failed to adequately disclose material conflicts of interest. GPB Capital raised over $1.8 billion from investors through investments sold by dozens of brokerage firms. While the class action may be appropriate for some investors, many investors may end up with a better recovery [...]
GPB Capital’s Chief Compliance Officer ARRESTED
GPB Capital’s Chief Compliance Officer Arrested Have you invested in GPB Capital Holdings? GPB’s chief compliance officer, Michael Cohn, was charged with obstruction of justice and unauthorized access of a government computer. Cohn, who previously worked with the Securities and Exchange Commission, was alleged to have attempted to access the SEC’s files related to its investigation of GPB. GPB was recently the subject of regulatory investigations by the Securities and Exchange Commission (SEC), FINRA (the Financial Industry Regulatory Authority), and the [...]
FRAUD ALERT! Jeffrey Dixson and GPB Capital
Jeffrey Dixson, with Madison Avenue Securities, Subject of Customer Complaints for Selling GPB Capital Have you lost money with financial advisor Jeffrey Dixson of Vancouver, Washington? We are looking into allegations made by customers against Jeffrey Scott Dixson. Customers have filed arbitration claims against Dixson and his brokerage firm, Madison Avenue Securities, regarding investment losses in GPB Capital. Unfortunately, GPB Capital investments have suffered extensive losses. Jeffrey Dixson is a financial advisor and registered representative of Madison Avenue Securities from 2007 [...]
List of Companies Selling GPB Capital Holdings
List of Companies Selling GPB Capital Holdings GPB Capital Holdings has been in the news lately, and it’s not positive press. Reports show that GPB Capital’s pooled investments have suffered significant losses, stopped paying dividends to investors, and have been under investigation by regulators like the SEC and the Massachusetts Securities Division. There were a number of securities brokerage firm and broker-dealers selling investments in GPB. According to SEC’s Edgar, one of the investments, GPB Automotive Portfolio, LP, was being sold by the following [...]