Author: phil korosec

GPB - David Rosenberg | Boston Business Journal | Hilary Burns | Sep 18, 2019, 5:17am EDT David Rosenberg, longtime CEO of Prime Automotive Group, left the company abruptly on Monday, two months after accusing the investment firm that owns his company of financial misconduct. GPB Capital...

GPB | Published by Investment News | By Bruce Kelly | Sep 12, 2019 @ 1:31 pm --- After raising $1.8 billion, GPB fails to deliver information to investors GPB Capital has recently been telling the 60 or so broker-dealers that sold $1.8 billion of high-risk private placement to...

GPB Capital | Investment News | By Bruce Kelly | Jun 21, 2019 @ 2:08 pm One has dropped by 25.4% and the other by 39%, according to the company In a blow to investors, GPB Capital on Friday reported significant losses in the value of its...

GPB Capital Holdings | Investment News | By Bruce Kelly | Jul 26, 2019 @ 1:00 pm Auto dealership owner who sold a majority stake to the firm said it is running a Ponzi-like scheme One of GPB Capital Holdings' business partners is suing the issuer of high-risk...

GPB Capital | Investment News | By Bruce Kelly | Mar 4, 2019 @ 1:01 pm Agency's inquiry follows SEC and Finra investigations into private placement firm, which has raised $1.8 billion from wealthy investors Already the focus of inquiries by the SEC and Finra, GPB Capital...

Published by The HILL | by Joe Peiffer | 03/27/15 10:00 AM EDT --- The “fiduciary duty” of financial professionals sounds like some hopelessly dry and technical legal concept. But it isn’t. When I hear that phrase, I think about the New York retiree who lost 75 percent of...