July 21, 2020
GPB Capital told a Texas federal judge on Monday that it should not have to face a proposed shareholder class action in the Lone Star State because when GPB Capital fund investors purchased their shares, they agreed to only bring claims in New York state court.
July 13, 2020
A proposed class of GPB Capital Holdings investors suing a slew GPB entities claim attorneys in a later-filed "copycat" suit are "double-dipping" by seeking to represent some investors in court and others via arbitration, according to documents filed Friday in a Texas federal court.
November 06, 2019
The controversy enveloping private equity fund GPB Capital Holdings LLC widened Wednesday with a proposed class action alleging the firm folded shady Russian money into a $1.8 billion Ponzi scheme that a onetime regulator said should have been obvious to any compliance officer.