New Secondary Sales Listing – GPB Holdings LP
Are you concerned about your investment in GPB Holdings LP? The White Law Group is currently investigating potential claims involving broker dealers who may have improperly recommended GPB Holdings LP to investors.
After missing deadlines to file financial statements with the SEC for two of its largest funds in April, GPB Capital has reportedly put a halt to sales of the funds, and instead is focusing on straightening out their accounting and financials.
According to reports, the company is also suspending redemptions of funds until the audited financial statements have been released and public filings are completed.
Is a private placement investment suitable for you?
Private placement investments, like GPB Holdings LP, are complex, illiquid and high risk investments. Investors may have trouble finding a buyer, when they are ready to sell, and can suffer significant losses on the sale.
According to Central Trade & Transfer, a secondary market for private placements, shares of GPB Holdings LP were just listed at $37,500 for .5376 of a unit. This could be at a significant loss to investors.
If you suffered losses investing in GPB Holdings LP or another GPB Capital offering and would like to discuss your recovery options, please call the securities attorneys of The White Law Group at (888) 637-5510 for a free consultation.
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The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.
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