Free Consultation: (800) 259-9010
Tap Here to Call Us

Articles Tagged with David Gentile

Former GPB Capital Holdings CEO David Gentile Sues The Alternative Asset Firm

Published on: January 4, 2022 | by Shepherd Smith Edwards & Kantas, LLP

Founder Faces Charges Over $1.8B Ponzi Scam and Wants GPB Capital to Pay His Legal Fees

Beleaguered private equity firm GPB Capital Holdings is back in the news. This time its founder and former CEO, David Gentile, is suing the company in Delaware Chancery Court.

Gentile, who is facing criminal, civil fraud, and conspiracy charges related to the over $1.8B Ponzi scam that GPB is accused of perpetuating, wants his legal defense fees paid for and not out of his own pocket.

GPB Capital Founder David Gentile Claims Firm Owes Him Millions of Dollars

Published on: October 14, 2021 | by Shepherd Smith Edwards & Kantas, LLP

Alternative Asset Firm’s Former CEO Wants Money Despite Facing Criminal Fraud Charges

David Gentile, the founder of GPB Capital Holdings LLC, is requesting that a district court grant him supervised mediation as he attempts to secure millions of dollars that he claims the alternative asset firm owes him as owner and general partner.

Gentile, ex-managing partner Jeffrey Lash, and Ascendant Capital owner Jeffry Schneider are accused of operating an over $1.7B Ponzi scheme that defrauded more than 17,000 investors. The three men are also facing criminal charges.