{"id":18464,"date":"2019-11-14T15:27:18","date_gmt":"2019-11-14T21:27:18","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=18464"},"modified":"2019-11-15T12:49:48","modified_gmt":"2019-11-15T18:49:48","slug":"kalos-financial-defend-gpb-private-placements-sale","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/kalos-financial-defend-gpb-private-placements-sale\/","title":{"rendered":"Kalos Financial Sends Letter to Investor Defending Its Sale of GPB Private Placements"},"content":{"rendered":"

Kalos Financial Defends Its Sale Of GPB Private Placements\u00a0<\/span><\/h2>\n

In a letter issued to investors on November 4th, Kalos Financial President, Larry Lyons, reported that its due diligence team recently met with senior GPB Capital Holdings executives including CEO, David Gentile.\u00a0<\/span><\/p>\n

The brokerage firm is one of <\/span>dozens of broker-dealers<\/span><\/a> under fire for selling GPB private placements that were issued by the asset management company, which has since been accused of operating a $1.8B Ponzi fraud.\u00a0<\/span><\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Kalos Financial Defends Its Sale Of GPB Private Placements\u00a0 In a letter issued to investors on November 4th, Kalos Financial President, Larry Lyons, reported that its due diligence team recently met with senior GPB Capital Holdings executives including CEO, David Gentile.\u00a0 The brokerage firm is one of dozens of broker-dealers under fire for selling GPB […]<\/p>\n","protected":false},"author":2,"featured_media":18466,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[4102,3792,3772],"tags":[4066,4197,2872],"class_list":["post-18464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gpb-capital","category-ponzi-scams","category-private-placements","tag-gpb-private-placements","tag-kalos-financial","tag-ponzi-scam"],"yoast_head":"\nKalos Financial Defends GPB Private Placement Sale | Investor Lawyers<\/title>\n<meta name=\"description\" content=\"Kalos Financial has defended selling customers GPB private placements arguing that customers knew the risks involved. Read more about the update here.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/kalos-financial-defend-gpb-private-placements-sale\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Kalos Financial Defends GPB Private Placement Sale | Investor Lawyers\" \/>\n<meta name=\"twitter:description\" content=\"Kalos Financial has defended selling customers GPB private placements arguing that customers knew the risks involved. Read more about the update here.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/11\/SSEK-kalos-financial-sends-letter.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards & Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Kalos Financial Defends GPB Private Placement Sale | Investor Lawyers","description":"Kalos Financial has defended selling customers GPB private placements arguing that customers knew the risks involved. 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