GPB Capital Holdings Losses: Important Information for Investors
Did You Lose Money in GPB Capital? Our Investment Fraud Lawyer Can Help
GPB Capital Holdings is a New York-based asset management company that has offered a wide range of private placement investments to investors across the country. Alarmingly, in March of 2019, the FBI initiated an investigation to GPB Capital Holdings — this came after the SEC, FINRA, and multiple state regulators all launched their own investigations into the company.
Beyond that, GPB Capital has been accused by a former business partner of “committing financial misconduct” and “being a Ponzi-like scheme” in official court documents. Florida investment fraud lawyer Gregory Tendrich is currently investigating GPB Capital claims. If you suffered losses in GPB Capital Holdings, our legal team is here to help. For a free, no obligation initial consultation, please contact our law firm today.
What You Need to Know About the GPB Capital Holdings Lawsuit
Through more than five dozen brokerage firms nationwide, GPB Capital Holdings funds were offered to investors as private placements. In recent weeks and months, these funds have suffered tremendous losses — most of them somewhere between 25 percent and 70 percent of their initial value. Earlier this month, a group of investors filed a class action lawsuit against the wealth management company.
Additionally, claims are being filed against brokers and broker-dealers that pushed this high commission alternative investment product on investors. If you were sold GPB Capital private placements by your financial advisor or brokerage firm and you believe that the risks were not properly explained to you, there are options available. Your claim should be reviewed by an experienced attorney.
Three Steps to Take If You Lost Money Investing in GPB Capital Holdings
If you suffered significant investment losses in GPB Capital Holdings, you may be entitled to recover financial compensation for your damages. At this time, it is crucial that you take the proper steps to protect your rights, interests, and viability of your legal claim. Among other things, investors considering legal action should:
- Gather Documents, Records, and Correspondence: First and foremost, you need to get yourself organized. Gather all relevant documents and records related to your GPB Capital Holdings investment — including any marketing materials you were sent and any correspondence with your broker or brokerage firm.
- Call an Investment Fraud Lawyer: Next, you should reach out to a securities fraud lawyer who is representing investors in GPB Capital claims. Your lawyer will be able to review the specific nature of your case and help you understand your options for financial recovery.
- Prepare a Legal Claim: Depending on the specific circumstances of your case, you may be able to hold your broker or brokerage firm liable for GPB Capital. An experienced securities attorney can evaluate your claim and help you initiate an effective claim — typically in FINRA arbitration.
Speak to Our Florida Securities Fraud Lawyer Today
At Gregory Tendrich, P.A., our team acts as a strong, tireless advocate for investors. If you or your loved one suffered losses in GPB Capital Holdings, we are here to help. To set up a free, no obligation review of your case, please do not hesitate to contact us right away. Gregory Tendrich represents investors throughout South Florida.
