Why You Want To Work With Our Skilled FINRA Attorneys

Recoup Your GPB Investor Losses in Securities Arbitration

If you are an investor who suffered losses in GPB Capital Holdings, you may be able to sue your broker-dealer for unsuitably recommending these private placements that allegedly were part of a more than $1.7B Ponzi scam. Unfortunately, over 17,000 investors, including many retail customers and older retirees, were purportedly persuaded by their broker-dealers that investing in one of the GPB Funds was a solid investment opportunity. Instead, they have suffered significant investment losses. Meanwhile, GPB Capital’s key executives are facing regulatory and criminal charges along with lawsuits brought by investors.

Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing GPB Capital investors in the Financial Industry Regulatory Authority (FINRA) arbitration against the broker-dealers that sold private placements in one or more of the GPB Funds to customers. Some of these brokerage firms have even been subject to related regulatory sanctions.

Recently, FINRA ordered four Advisor Group firms—FSC Securities, SagePoint Financial, Royal Alliance, and Woodbury Financial—to pay a $1.3M penalty for allegedly failing to tell investors that audited financial statements related to the GPB Funds in 2018 were not turned in to the US Securities and Exchange Commission (SEC) in a timely manner. The self-regulatory organization (SRO) said that the brokerage firms sold millions of dollars in limited partnerships in GPB Automotive Portfolio and they earned hundreds of thousands of dollars in commissions in the process.

Our knowledgeable FINRA attorneys have also represented investors in arbitration against Advisor Group firms before over losses involving other financial products.

 How Can You Recover Your GPB Investor Losses? 

The alleged GPB Ponzi scam is so massive, and with so many investors involved, that class action litigation has been filed against the alternative asset firm. You should know that joining a class action securities lawsuit will seldom result in much of a financial recovery for individual investors in the class.

Your best bet is to hold the broker-dealer that sold you GPB private placements liable with the help of seasoned FINRA attorneys who can file a FINRA lawsuit on your behalf so that you can pursue damages.

Unfortunately, it appears that many brokers allegedly made misrepresentations and omissions about the risks of investing in GPB Funds, and some of them purportedly overconcentrated some clients’ accounts with too much of this investment. Most recently, FINRA fined brokerage firm Coastal Equities $150K to resolve charges that it neglected to tell customers that GPB was having regulatory issues.

How Can Our Skilled Financial Product Failure FINRA Attorneys Help?

There are many reasons why an investment might fail and some may not have anything directly to do with your financial advisor. But, if your broker:

  • Unsuitably recommended the financial product to you
  • Failed to conduct proper due diligence into whether it was part of an investment scam
  • Disregarded red flags
  • Overconcentrated your account
  • Misappropriated your funds

You may be able to sue the financial advisor and their broker-dealer.


For over 30 years, Shepherd Smith Edwards and Kantas has been representing retail investors, retirees, conservative investors, inexperienced investors, older investors, institutional investors, accredited investors, and high-net-worth investors in going after the brokerage firms that should have been protecting customers’ assets instead of engaging in brokerage firm negligence or misconduct. Our team of savvy securities lawyers has a combined century’s worth of experience in securities law and litigation and all of us work with each client in pursuing damages.

Not only can we help you determine whether you have grounds for FINRA lawsuit, but also, should we agree to work together, we will prepare and file your claim for you. We also will represent you during the arbitration proceedings.

Retaining the services of seasoned FINRA lawyers always maximizes your chances for a full recovery. Our brokerage arbitration law firm has recovered many millions of dollars for investors.
To schedule your free, no-obligation case consultation, call (800) 259-9010 today.


Contact Information