Have you suffered losses investing in GPB Automotive Portfolio LP?
If you are concerned about investment losses in GPB Automotive Portfolio LP, the securities attorneys at The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
The White Law Group continues its investigation regarding potential securities fraud claims involving GPB Capital Holdings.
Bad news for investors of GPB Automotive Portfolio LP
- Last year, we told you the company missed a deadline to file financial reports for of its largest funds, GPB Automotive Portfolio and GPB Automotive Portfolio LP. While the company reportedly said that it was focusing on cleaning up its accounting and financials, it has yet to file any financials with the Securities & Exchange Commission.
- In June 2019, the firm reportedly announced that some GPB Capital offerings share prices declined as much as 73%. Investors still have no idea what their investments are worth.
- The company is reportedly still under investigation by the FBI and securities regulators after authorities came to GPB Capital’s New York offices and collected material in February.
- Last week, GPB executive Michael Cohn was reportedly indicted on charges of with obstruction of justice, unauthorized computer access and unauthorized disclosure of confidential information.
Recovery of Investment Losses
The White Law Group continues its investigation into the liability that FINRA-registered broker-dealers may have for recommending GPB offerings to investors.
Aside from the various problems with the company, private placement investments such as GPB Capital offerings are highly complex, high risk investments. They are only suitable for sophisticated, accredited investors and institutions.
If you have suffered losses in GPB Automotive Portfolio LP, please call the securities attorneys at The White Law Group for a free consultation at 888-637-5510.
This information is all publicly available and provided to you by The White Law Group.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee. For more information on the firm and its representation of investors, visit https://www.whitesecuritieslaw.com.