GPB Capital Holdings Products, Losses and Current Lawsuits

Video Summary: Partner Kirk Smith explains why GPB Capital products are likely not suitable for your portfolio and what to do if you lost money with GPB.

Video Transcript:

Are you an investor and have suffered financial losses through investments in GPB capital? Did a broker or financial advisor recommended these as a safe alternative - if so, you'll want to see this video. In this presentation we're going to cover your options if you were lied to by a financial advisor or stock broker regarding the safety of GPS capital investments, if you want my help, go to investorlawyers.com or call 800-259-9010 for a free consultation.

We have dozens of cases against financial advisory and brokerage firms recommending GPB. So here's the three important concepts behind our litigation process, that is helpful for you to understand how to recover your GPB losses, from the firm that made that recommendation

Number one -and this is important. We are suing the advisory or brokerage firm, not GPB itself. They are the ones we responsible for the misrepresentations and importantly, the omissions. These firms were required to make suitable recommendations and GPB is not suitable for most portfolios.

Two - you will keep the GPB products and continue to own them. Whatever eventually happens with GPB will happen and you will get whatever benefit is afforded to the holders of GPB regardless if you sue the advisory firm or not.

Three - we do not charge any fees on what GPB eventually returns to you. I repeat, we do not charge any fees on what GPB will eventually return to you. Our services are free of charge if we recover nothing for you on any claim against the advisory or brokerage firm. We work on a contingency basis and our claim is against the firm that gave you this unsuitable advice.

Chances are you're in other illiquid securities and we can help you with those two. Many investors who first contact us fear that our fee is based on the GPB principle. It's not, it's based on what we get for you from the entity that made the unsuitable recommendation, call an attorney who is focused on the representation of consumers against brokerage firms and advisory firms just like the law firm is Shepherd, Smith, Edwards & Kantas.

If you found this information helpful and want my help, go to investorlawyers.com or call 800-259-9010. I want to thank you for watching. Please share this video with a friend or love one.