28 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.

• Equifax Data Breach Class Action Lawsuit Filed After Hackers Get Access to 140M Customers’ Info

  September 12, 2017

  Irvin Jackson

  Following a data breach where hackers stole information on more than 140 million Americans, the credit reporting company Equifax faces a growing number of lawsuits over the incident.

• UBS Hit with $18M FINRA Verdict Over Puerto Rico Municipal Bonds

  December 7, 2016

  Irvin Jackson

  UBS has been ordered to pay nearly $19 million to a couple who says the company's mismanagement of its Puerto Rico bond funds cost them millions in damages.

• 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.

• Investor Class Action Lawsuits Shrunk Last Year, As Did Settlements: Report

  February 3, 2015

  Irvin Jackson

  A low number of securities class action lawsuits were filed last year, and an even lower dollar amount was awarded to plaintiffs, according to a new report.

• F-Squared Admits Wrongdoing, Pays $35M To Address SEC Fraud Charges

  January 7, 2015

  Irvin Jackson

  The investment firm F-Squared faked a successful investment history using a broken hypothetical model, committing fraud against its clients, the SEC charges.

• Securities Fraud Class Action Lawsuits Standards Weighed By Supreme Ct.

  March 21, 2014

  Irvin Jackson

  The Supreme Court is weighing whether to place new restrictions or to ban some investor class action lawsuits.