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GPB Capital Sued Again: A Class Action Fraud Case and One Lawsuit by Volkswagen
GPB Capital Holdings Faces Another Securities Fraud Lawsuit
Already the subject of mass fraud accusations, including allegations of a $1.8B Ponzi scam, the alternative assets firm is once again the defendant of two new lawsuits.
Adding to a growing list of GPB Capital lawsuits is another class action securities fraud case. The other, brought by Volkswagen of America, is accusing GPB Capital of breaking its agreement when it fired Prime Automotive Group CEO, David Rosenberg, last year.