6 results

• GPB Capital Funds Lawsuit Seeks Class Action Status for Investors

  November 15, 2019

  Irvin Jackson

  A class action lawsuit filed against GPB Capitol Holdings and numerous brokerages accuses them of improper conduct in failing to warn investors of what was essentially a Ponzi scheme.

• Former SEC Compliance Chief Arrested For Giving GPB Capital Investigation Information In Exchange For Job

  November 8, 2019

  Irvin Jackson

  A compliance officer at GPB Capital and former SEC investigator faces criminal charges for allegedly trading information on an ongoing probe in exchange for a job at the beleagured investment fund.

• GPB Capital Investment Loss Claims Filed Over Financial Fraud Described as “Ponzi” Scheme

  September 26, 2019

  Irvin Jackson

  A Capital Holdings group accused of financial fraud may have been running a Ponzi scheme which bilked nearly $2 billion from investors.

• GPB Capital Class Action Lawsuit Filed Over Failure To Provide Information About Status of Investments

  September 9, 2019

  Irvin Jackson

  A class action lawsuit says GPB Holdings has failed to provide investors with timely information about its finances as the firm faces a multistate and national fraud investigation.

• UBS Puerto Rico Bond Fund Fraud Results in $33.5M Fine by FINRA, SEC

  October 5, 2015

  Irvin Jackson

  The SEC and FINRA have fined UBS $33.5 million over its handling of Puerto Rico bond funds.

• Elderly Financial Abuse Targeted by FINRA, As Fines Doubled in 2014

  March 4, 2015

  Irvin Jackson

  FINRA more than doubled fines against brokers and investment agents last year amid a push to protect the elderly from financial abuse.