NOTICE TO GPB CAPITAL INVESTORS: National Investor Fraud Law Firm KlaymanToskes Pursues Claim Seeking Over $1,000,000 for GPB Capital Losses, Continues to Investigate FINRA Arbitration Claims for Investors

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NOTICE TO GPB CAPITAL INVESTORS: National Investor Fraud Law Firm KlaymanToskes Pursues Claim Seeking Over $1,000,000 for GPB Capital Losses, Continues to Investigate FINRA Arbitration Claims for Investors

National investor fraud law firm, KlaymanToskes (“KT”), continues to investigate and pursue FINRA arbitration claims on behalf of investors who were solicited to purchase millions of dollars of private placement securities in GPB Capital Holdings (“GPB”) in the form of notes, including a claim (FINRA Case No. 20-00096) seeking over $1,000,000 against Royal Alliance Associates, Inc. (“Royal Alliance”).

GPB Capital Investigation

According to the claim, the investor instructed Royal Alliance to invest his hard-earned savings and inheritance in a suitable manner, which included protecting his principal and present income. Instead, Royal Alliance concentrated a substantial portion of the investor’s assets into illiquid alternative investments and private placements, including securities of GPB.

Brokerage firms like Royal Alliance were required to perform due diligence prior to recommending GPB to their customers, and their failure to do so may result in liability. More than 60 broker-dealers sold GPB funds, including Ascendant Alternative Strategies, LLC, Sagepoint Financial Inc., FSC Securities Corp., and Woodbury Financial Services Inc. GPB Capital securities under investigation include:

  • GPB Holdings, LP        
  • GPB Cold Storage, LP
  • GPB Automotive Portfolio, LP
  • GPB Waste Management, LP

The sole purpose of this release is to investigate on behalf of our clients who purchased GPB notes. Investors who have information regarding the presentation and sale of these notes are encouraged to contact Lawrence L. Klayman, Esq., at (561) 542-5131, and download our Special Investor Report.

About Klayman Toskes

KT is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. KT has recovered more than $220 million for investors in FINRA arbitrations. KT has office locations in California, Florida, New York, and Puerto Rico.

Contact

KlaymanToskes
Lawrence L. Klayman, Esq.
(561) 542-5131
lklayman@klaymantoskes.com
www.klaymantoskes.com

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