INVESTOR ALERT! GPB Capital Investments Decline in Value
GPB Capital Reports Decline in Values for Its Funds
Have you invested in GPB Capital Holdings? The company 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.