Auditors | Investment News | Bruce Kelly | March 13, 2020 Auditors should get back to work around the start of April Beleaguered investors who bought private placements managed by GPB Capital Holdings may be on track to get some clarity into the value of those funds. On Thursday, the...

Triad Advisors | Investment News | Bruce Kelly | March 11, 2020 "Legal woes are increasing for at least one broker-dealer that sold GPB Capital Holdings’ private placements. Triad Advisors is facing nine investor lawsuits alleging negligence on behalf of its advisers and representatives for selling the private investments,...

Volkswagen | Investment News | Bruce Kelly | February 19, 2020 Volkswagen filed an amended complaint against GPB Capital GPB Capital Holdings, which raised $1.5 billion from investors through the sale of high-commission, high-risk private placements, is involved in yet another legal dispute, this time with automobile giant Volkswagen...

GPB | Investment News | Bruce Kelly | February 10, 2020 "In yet another troubling development for investors in GPB Capital Holdings’ private placements, the company told investors last month that it won’t be able to provide important tax documents, at least by April 15, to at least...

Prime Automotive |  Portland Press Herald | J. Craig Anderson | January 8, 2020 A new chapter in GPB Capital's Prime Automotive Group complicated story has just started. In August 2019, its CEO, David Rosenberg, accused the parent company of running a Ponzi scheme. He was quickly replaced by...

Prime Automotive | Boston Business Journal | Gintautas Dumcius | Jan 7, 2020 Prime Automotive's first problems surfaced when, back in August, its then-CEO, David Rosenberg, accused the parent company, GPB Capital, of running a Ponzi Scheme. In September, he was fired and Kevin Westfall was...