Investment Losses – GPB Holdings II LP & Newbridge Securities
If you have suffered investment losses in GPB Holdings II LP with Newbridge Securities, 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.
Newbridge Securities is listed as a sales compensation recipient for the GPB Holdings II offering, according to a Reg D filed in 2018 with the SEC.
The company has yet to file financials with the Securities & Exchange Commission. Last year, when it missed a deadline with the regulator for two of its largest funds, GPB Automotive Portfolio and GPB Holdings II LP, the company reportedly said that it was focusing on cleaning up its accounting and financials.
Securities regulators began investigating GPB in December 2018 and then the FBI reportedly showed up at the GPB offices in March with a warrant to collect documents.
Bad news continues to pile up for investors of GPB Capital Holdings private placement investments and now, according to reports this week, the first class action lawsuit was filed in federal court in New York on behalf of certain GPB Capital investors.
The lawsuit alleges accounting irregularities and other improprieties in GPB’s operations. GPB investors are reportedly requesting accurate financial statements for their GPB investments.
Investigating Potential Lawsuits
The White Law Group continues its investigation regarding potential securities fraud claims involving GPB Capital Holdings.
If you suffered losses investing in GPB Holdings II with Newbridge Securities 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.