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GPB Capital Lawsuit Filed By Investment Fraud Attorneys To Recover Losses

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The media outlets on June 21, 2019, reported that GPB Capital declared that the GPB Capital share prices plummeted by 73%. This news is distressing for several GPB Capital fund investors as it has been reported that 2 of the biggest GPB investment funds suffered a significant loss in their value.

In spite of several reports from various sources, the investment financial advisors and brokerage companies, who received more than $100 million in the form of commissions by promoting GPB Capital, continued to tell their clients that the funds are still at their original price value. They are also continued recommending people to ignore the news and keep holding on to their investments.

The lawyers of www.InvestmentFraudLawyers.com (Haselkorn & Thibaut, P.A.) have filled several GPB Capital lawsuits for investors and are investigating the actions of investments financial advisors and brokerage companies who kept on suggesting these funds to their customers as well as the issues associated with GPB Capital. There is a limited time for fund investors for recovering their money, so if they are interested in getting a free consultation for their case, then they should call 1-888-628-5590.

For several months, numerous GPB Capital fund investors ignored the negative news and continued sitting on the sidelines as they kept on receiving mail regarding their monthly account statements where the funds reflected the original price value of the investment. Nevertheless, investment financial advisors and brokerage companies were well aware that the said values were inaccurate, yet they ignored these facts and left their client to fend for themselves.

With a significant drop in the value of GPB Automotive Portfolio and GPB Holdings II which are the most significant investment funds of GPB, people are now left thinking regarding what they need to do for recovering their damages. There are other investments too that may be affected by this decline in the value and these investments are GPB NYC Development, GPB Cold Storage, GPB Waste Management Fund,  and GPB Holdings I. many clients might get a shock when they will get their monthly statement next time as it might be indicative of this fall in prices.

It was claimed on June 21, 2019, that the values of 2018 year-end are indicating significant losses for fund investors, and remember GPB Capital has not yet exposed the current and accurate value of its funds for 2019. Bearing in mind the declaration and the continued bad reports in 2018 regarding GPB Capital, it is highly expected that there is no chance of improvement in the present values of the funds.

GPB Capital suspended redemption in 2018 to allegedly concentrate on financial as well as accounting reporting issues. Later, it was revealed that GPB auditors resigned and the explanation given for it was perplexing as it was due to supposed risks. Numerous media outlets also informed that authorities and regulators such as FINRA, SEC and FBI had begun their investigations on GPB Capital and an unexpected raid was conducted in its office in New York to collect evidence. Amongst all these disputes, a rumor became prevalent that claimed GPB Capital to be a Ponzi scheme.

Why and how do so many people own so much GPB? The reason behind this is the greed of the investment financial advisors who promoted GPB investment funds to gullible people for getting 8% commissions from these purchases. It is claimed that the brokerage firms, as well as investment financial advisors, earned more than $100 million by suggesting and selling these investments to their clients. As a result of their greed, GPB Capital gained approximately $1.8 billion via these investments.

With approximately 60 brokerage companies including popular names like Woodbury Financial, Advisor Group, FSC Securities, Dawson James, and Sagepoint Financial and numerous investment financial advisors promoting and selling GPB funds over the past several years, the end result could be a huge damage for investors countrywide.

Investors affected by GPB Capital should plan to get a private and free review of their case from experienced lawyers to get an idea of available options should call 1-888-628-5590 to review their case and recover losses.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Interview with Omar Choudhury: The 22-Year-Old Million Dollar Business Growth Expert

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Many people dream to build a million-dollar company, but only a few achieve it. Omar Choudhury aka “Omar Connects,” built his first million-dollar agency seven months from starting. Now a business growth and marketing pro, Choudhury has gone on to build multiple million-dollar companies and has been a go-to advisor for many well-known entrepreneurs, businesses, and investors.

How Did You Do It?

Having generated millions of dollars for his first agency, Omar began to consult other 7-9+ figure entrepreneurs on their social media branding and growth strategies. From talking with these high-net-worth individuals, Omar realized that their mindset was completely different from the clients who were scared to even invest $1K into his service.

 So he sought after the highest ticket service he could sell and formed Connects Clout – The top media and PR consulting agency for the world’s elite entrepreneurs, businesses, and influencers. With their inside information and connections, Connects is able to help these individuals create the top 1% of social media pages. 

What Keeps are You Going?

Despite being known for his work ethic, Omar’s internal values and morals are what often made him stand out in the marketplace. A man of God, and with his main goal in life to ensure his Mother is taken care of in his early twenties, Omar has inspired many others to look outside of just making money for themselves and start to do things for their soul. 

Omar plans to build a charity in the future, and plans to speak on more live stages inspiring others to live their life to the fullest.

If you are looking to scale your brand or invest in highly profitable online companies, message Omar on Facebook or Instagram @OmarConnects.

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