gpb capital news Tag

Prime Automotive | The Portland Press Herald | Edward D. Murphy | June 30, 2020 "A Texas law firm said Tuesday that investors have lost $1.8 billion by putting their money into a company that owns dozens of auto dealerships around the country, including nine in Maine. The allegations...

GPB | WealthManagement.com | Diana Britton | June 30, 2020 "A flurry of claims were filed this week against brokerages and advisors who invested client money in GPB Capital, a New York-based private placement shop currently under investigation by the FBI and securities regulators. One law firm, Peiffer...

Prime | Boston Globe | Jon Chesto | May 27, 2020 "Allegations mirror some of the concerns raised by ousted CEO in his lawsuit against investment firm The investment firm whose takeover of the Prime group of auto dealers has turned into a messy dispute with its previous chief...

GPB | Automotive News | Melissa Burden | May 26, 2020 Toyota is demanding GPB Capital Holdings, the majority owner of Prime Automotive Group, sell all five of the retailer's Toyota dealerships. The ownership of Prime's three Volkswagen stores also is being debated in federal court. Toyota Motor Sales...

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,...