Recover GPB Capital Losses

Posted on June 27, 2019 by Mark Astarita

After inquiries by the SEC, FINRA and the FBI, GPB Capital has announced significant losses in the value of its investment funds. Two of its funds, GPB Holdings II and GPB Automotive Portfolio, have reported losses of 25.4% and 39%, respectively according to InvestmentNews.com

GPB Capital Holdings is a New York based alternative asset management firm with approximately $1.5 billion in investor capital, invested through a variety of different private placements. Investors in these funds who have suffered losses should contact Sallah Astarita & Cox, LLC for a review of their investments and to determine if the losses are recoverable.

Use the contact form in the right column and an attorney will contact you.

—
If you have any questions or concerns regarding your investment in GPB Capital, or any other private placement, contact Sallah Astarita & Cox, by telephone at 212-509-6544. The attorneys in the firm have experience as SEC Prosecutors, criminal prosecutors and defense counsel, in house counsel to brokerage firms and investor advocates, with over 30 years of experience and over 700 securities arbitrations.

from Blogger https://ift.tt/2FDi12H

Federal Workers Profit From Tobacco and Oil, Even If They Don’t Want To

Posted on January 18, 2020 by Mark Astarita

The Thrift Savings Plan for retirement savings mirrors index funds that invest in such stocks. There’s a fix.

Full Article

SEC to Report on State of Small Business Capital Formation in the U.S.

Posted on January 17, 2020 by Mark Astarita

The U.S. Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation will report on its findings regarding the state of capital formation for small businesses and its latest recommendations to the Commission during a…

Read the Full Press Release

Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.

from The Securities Law Home Page – SECLaw.com

A New Generation Seeks to Give It All Away Now

Posted on January 17, 2020 by Mark Astarita

Families create foundations typically to establish a long-term philanthropic legacy, but a new study shows some want to see the immediate impact of their giving.

Full Article

SEC Charges Convicted Criminal Who Conducted Fraudulent ICO Using a Fake Identity

Posted on January 17, 2020 by Mark Astarita

The Securities and Exchange Commission today charged convicted criminal Boaz Manor, his business associate, and two businesses, CG Blockchain Inc. and BCT Inc. SEZC, with raising over $30 million from hundreds of investors in a fraudulent initial coin…

Read the Full Press Release

Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.

from The Securities Law Home Page – SECLaw.com

Austin Gerig Named as SEC’s Chief Data Officer

Posted on January 16, 2020 by Mark Astarita

The Securities and Exchange Commission today announced that it has named Austin Gerig as its Chief Data Officer. Dr. Gerig, currently Assistant Director of the Office of Data Science in the Division of Economic and Risk Analysis (DERA), will assume his…

Read the Full Press Release

Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.

from The Securities Law Home Page – SECLaw.com

SEC Obtains Emergency Asset Freeze, Charges Businessman With Operating a Ponzi-Like Scheme

Posted on January 14, 2020 by Mark Astarita

The Securities and Exchange Commission today announced that it filed an emergency enforcement action and obtained a temporary restraining order and asset freeze against Illinois resident Kenneth D. Courtright, III and his company, Todays Growth…

Read the Full Press Release

Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.

from The Securities Law Home Page – SECLaw.com

How to Get Socially Conscious Funds Into Your 401(k)

Posted on January 10, 2020 by Mark Astarita

Your colleagues choose the investments. Be polite. Respect their duty to act in your best interest. Bring friends. And keep trying.

Full Article

The Secret of Their Success: It’s Not About the Money

Posted on January 10, 2020 by Mark Astarita

Bob Parsons and David Neeleman each built successful businesses in competitive industries by offering exceptional experiences, not chasing wealth.

Full Article

SEC Names Allen Blume as Deputy Chief Financial Officer

Posted on January 10, 2020 by Mark Astarita

The Securities and Exchange Commission today announced that Allen Blume has been named Deputy Chief Financial Officer in the agency’s Office of Financial Management (OFM). Mr. Blume’s responsibilities include directing and coordinating the SEC’s…

Read the Full Press Release

Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.

from The Securities Law Home Page – SECLaw.com

New Law Expands Uses for 529 College Savings Accounts

Posted on January 10, 2020 by Mark Astarita

Under the Secure Act, approved in December, up to $10,000 can be used to repay student loans. The law also allows 529 funds to be used for apprenticeships.

Full Article