Business

GPB Capital Lawsuit Filed Against Madison Avenue Securities

Published

7 months ago

August 2, 2019

The investment fraud lawyers with Haselkorn & Thibaut, P.A. have filed a customer dispute claim through the Financial Industry Regulatory Authority (“FINRA”) Office of Dispute Resolution. The private arbitration proceeding was filed against Madison Avenue Securities, LLC. (“Madison Avenue”) and its financial advisor Jeffrey Dixson (“Dixson”) on behalf of an investor who has sustained significant investment losses as a result of relying on his financial advisor’s recommendation to invest in GPB Capital (“GPB Capital”).

It is believed that the GPB Capital funds should not have been approved for sale by Madison Avenue, and that the transactions were not properly recommended or supervised by Madison Avenue. Private placement securities such as GPB Capital are generally considered illiquid, and are often risky alternative investments. GPB Capital paid large commissions to financial advisors, and in some cases that appears to be a significant factor motivating the recommendations.

GPB Capital Holdings has worried investors because of the on-going investigations from various state and federal regulators and investigators. The raid by the FBI offices and allegations of questionable accounting and sales practices as well as inaccurate disclosures to investors has caused many investors to file claims and lawsuits.

The investigations started over a year ago, in April 2018, when GPB Capital first missed important financial disclosure filing deadlines with the SEC.

Since that time, there has been an avalanche of bad news for investors in GPB Capital. In June, GPB Capital confirmed the worst, informing GPB investors had lost between 25% and 73% of their investments. This news was shocking to many investors.

One of the primary allegations by investors is that they were misled into investing in GPB Capital and were unaware of the risks associated with private placements. Private placement investments are illiquid alternative investments that are only suitable for accredited investors and even then not always for every investor.

If you are a GPB investor, call the investment fraud lawyers at Haselkorn & Thibaut, P.A. or visit them at www.InvestmentFraudLawyers.com, or call today at 1-888-628-5590 to schedule a free, confidential evaluation of your situation and to learn your options.

H&T is a leading national securities law firm, www.InvestmentFraudLawyers.com, which practices almost exclusively in the field of securities arbitration and litigation on behalf of retail and institutional investors in large and complex securities matters. The firm represents high net-worth, ultra-high-net-worth, and institutional investors, such as non-profit organizations, pension funds, and trusts. H&T’s main office is located in prestigious Palm Beach, Florida and cases are handled nationwide.

The sole purpose of this release is to investigate the manner in which GPB Capital was approved for sale for investor customers at Madison Avenue. Former employees or current or former customers of Madison Avenue with knowledge relating to approval of and/or supervision of GPB Capital investments sold by Madison Avenue or to locate those individuals who have information relating to the manner in with the firm handled GPB investment recommendations and supervised such transactions at Madison Avenue. If you have any knowledge or experience with these matters you are encouraged to contact H&T at 1-888-628-5590, or visit the law firm’s website at www.InvestmentFraudLawyers.com.

Business

Cyber Mogul Of India, Aditya Belnekar Explains How A Brand Should Be Promoted Digitally

Published

12 hours ago

February 24, 2020

Matthew Wiles

With the world transforming into a digital space, there have been innumerable employment opportunities for the people to make their careers in social media. The name who is working tremendously in the field of digital marketing is Aditya Belnekar, a 22-year old entrepreneur, artist and an influencer. He never shied away from experimenting and that is his biggest strength behind becoming a successful entrepreneur. Since school, he had an ability to think different and out of the box which made way for him as a creative person.

Rightly called as the Cyber Mogul of India, he is the founder of ‘TEAMWIZARDMEDIA’, a leading marketing agency in India. It is constantly reaching new heights with promoting movies, brands, social artists, influencers and much more in the digital domain. His tremendous knowledge about marketing has helped many brands to grow digitally which have become well-known names on the internet today. One of the sole reasons behind the success of his company is the innovative and creative ideas he brings to promote every brand on the internet.

Sharing his thoughts about the same, he said “Every brand is different and caters to a different audience. The first thing before promoting a brand is to understand which audience it caters to. You cannot market a whisky brand on the platform where there are a majority of kids. It makes no sense”, he said. Besides this, he also believes that one should never stop learning. “We all are students in life and every experience teaches us something”, he added. Working hard towards one thing at a time, Aditya Belnekar is truly the inspirational force among the top digital marketers of India.