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More recently, in 2021, the Securities and Exchange Commission (SEC) filed a fraud lawsuit over the $1.8B GPB Ponzi scam . The scheme enriched GPB Capital Holdings executives, earned brokerage firms over $160M in commissions, and defrauded more than $17K ...
Alternative Investment Products That SSEK is Continuing to Investigate Frontier Communications from FMSbonds FS KKR Capital Corp. II FS Energy and Power Fund GPB Capital Holdings Private Placement Funds Northstar Healthcare Income Real Estate Investment Trust (REIT) UWT or VelocityShares ...
Collateralized Loan Obligations (CLOs) and CLO Closed-End Funds Credit Default Swaps (CDS) Derivative Securities (Derivatives), Mortgage-Backed Securities (MBS) and Collateralized Mortgage Obligations (CMOs) Exchange-Traded Funds (ETFs) Frontier Communications from FMSbonds FS KKR Capital Corp. II GPB Capital Holdings Private Placement ...
He also may have sold GPB private placements to customers. GPB Capital Holdings is accused of operating a more than $1.8B Ponzi scam.
In particular, we are currently representing investors with investments in GPB Capital Holdings that were placed in investors' retirement plans or investment accounts. ... GPB Capital will do what it is going to do. ... Additional Information on GPB Capital ...
Video Summary: Partner Kirk Smith explains why GPB Capital products are likely not suitable for your portfolio and what to do if you lost money with GPB. Video Transcript: Are you an investor and have suffered financial losses through investments ...
Watch Video GPB Capital Holdings Products, Losses and Current Lawsuits | Investorlawyers.com Partner Kirk Smith explains why GPB Capital products are likely not suitable for your portfolio and what to do if you lost money with GPB.
Our Core Practice Areas At Shepherd Smith Edwards and Kantas, our investment fraud and securities attorneys work with investors who have been victims of the following acts of stockbroker fraud and brokerage firm negligence: Unsuitability Misrepresentations / Omissions Breach of ...
We are also continuing to investigate FSC Securities over possible investor losses involving GPB Capital Holdings , which is accused of operating an over $1.8B Ponzi scam.
For example, if you are a retail investor and your financial advisor recommended GPB Capital Holdings private placements — the alternative asset firm is now accused of operating a more than $1.8B Ponzi scam — these were solicited trades suggested ...