Investment Losses – GPB Capital & Triad Advisors
If you have suffered investment losses in GPB Capital with Triad Advisors, 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.
According to Investment News today, Ladenburg Thalmann Financial Services Inc. reported Friday that since July, Triad Advisors, one if its broker-dealers, has been named in six customer arbitration complaints seeking $1.65 million in damages.
The complaints reportedly involve the sale of GPB private placement offering to Triad Advisors’ clients.
Last year, when GPB reportedly missed a deadline with the regulator for two of its largest funds, GPB Automotive Portfolio and GPB Holdings II, the company reportedly said that it was focusing on cleaning up its accounting and financials. The company has yet to file financials, according to reports.
Securities regulators began investigating GPB in December 2018 and shortly afterwards the FBI reportedly showed up at the GPB offices with a warrant to collect documents.
Bad news continues to pile up for investors of GPB Capital Holdings.
According to reports last week, another class action lawsuit was filed in federal court in Austin, Texas on behalf of certain GPB Capital investors.
The class action lawsuit claims that GPB was allegedly operating a $1.8 billion “garden variety Ponzi scheme.”
Investigating Potential Lawsuits involving Triad Advisors
The White Law Group continues its investigation regarding potential securities fraud claims involving GPB Capital Holdings.
If you suffered losses investing in GPB Capital with Triad Advisors 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.
These claims are distinct from the class action filed directly against GPB Capital and could be pursued concurrently.
The Financial Industry Regulatory Authority (FINRA) operates the largest securities dispute resolution forum in the United States, and has extensive experience in providing a fair, efficient and effective venue to handle a securities-related dispute.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee. The firm represents investors in FINRA arbitration claims throughout the country.
To learn more about the firm’s representation of investors, please visit www.whitesecuritieslaw.com.