GPB Lawsuits | WealthManagement.com | Diana Britton | Sep 18, 2019 Two investors go after their brokers and firms, but this is likely just the beginning of a wave of litigation to come. Two investors have filed separate…
Securities Fraud
GPB Lawsuit | Benzinga | September 18, 2019 2:03pm Peiffer Wolf and Meyer Wilson File Complaints on Behalf of 91-Year-Old Florida Widow and Retired Russian Emigre Couple in Oregon; Scores of Financial Advisors and Brokerages Face Heat on…
NEW YORK CITY — September 18, 2019 — The beleaguered GPB Capital Holdings is dealing right now with scrutiny from the Securities Exchange Commission, state regulators, and the FBI. Today, the estimated 60 brokerages and financial planning firms…
Peiffer Wolf and Meyer Wilson File Complaints on Behalf of 91-Year-Old Florida Widow and Retired Russian Emigre Couple in Oregon; Scores of Financial Advisors and Brokerages Face Heat on $160 Million in Commissions on Unsuitable Investments. NEW YORK…
GPB – David Rosenberg | Boston Business Journal | Hilary Burns | Sep 18, 2019, 5:17am EDT David Rosenberg, longtime CEO of Prime Automotive Group, left the company abruptly on Monday, two months after accusing the investment firm…
GPB | Published by Investment News | By Bruce Kelly | Sep 12, 2019 @ 1:31 pm — After raising $1.8 billion, GPB fails to deliver information to investors GPB Capital has recently been telling the 60 or so…
REIT | Published by Investment News | By Bruce Kelly | Sep 9, 2019 @ 5:53 pm — Mr. Schorsch’s firm, American Realty Capital, will kick in $225 million as part of the settlement The company formerly known as…
Published by CNBC by Dawn Giel PUBLISHED FRI, JUL 19 2019 10:54 AM EDT — Bank of America Merrill Lynch has paid a hefty $40 million to settle “churning” allegations involving a former broker, according to filings and sources…
Published by The HILL by Joe Peiffer 03/27/15 10:00 AM EDT — The “fiduciary duty” of financial professionals sounds like some hopelessly dry and technical legal concept. But it isn’t. When I hear that phrase, I think about…
Published by The Philadelphia Inquirer by Erin Arvedlund Updated: July 16, 2019- 4:36 PM — The Securities and Exchange Commission on Tuesday settled with AR Capital, its founder Nicholas S. Schorsch, and former CFO Brian Block for more…