INVESTOR ALERT! GPB Capital Investments Decline in Value
GPB Capital Reports Decline in Values for Its Funds
Have you invested in GPB Capital Holdings? GPB Capital recently reported that two of its funds, GPB Holdings II and GPB Automotive Portfolio, have significant declines in their values. GPB Holdings II reportedly lost 25.4%, and GPB Automotive Portfolio lost 39%. GPB also reported that five of its smaller funds reported losses ranging from 25% to 73%.
GPB was recently the subject of regulatory investigations by the Securities and Exchange Commission (SEC), FINRA (the Financial Industry Regulatory Authority), and the Massachusetts Securities Division is also looking into GPB Capital. Massachusetts is also looking into 63 brokerage firms that sold GPB investments, such as Royal Alliance Associates, SagePoint Financial, FSC Securities Corp., and Woodbury Financial Services.
Investors may be able to sue their financial advisor for any losses in the GPB Capital investments. Investors can sue if their advisor misrepresented the risks of GPB Capital to them, and if the investments in GPB Capital were not suitable for the investor.
Israels & Neuman is an investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; and Ann Arbor, Michigan. Our attorneys have represented over 1,000 investors throughout the country, including in FINRA arbitration.
If your financial advisor recommended that you invest in any of these GPB Capital investments, please CONTACT US for a free consultation.
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.