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 Holdings Investment Losses

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 [...]