GREAT POINT & SUSAN J GITT Lawsuit

Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against:

GREAT POINT CAPITAL, LLC, (GREAT POINT) and their former registered representative,

SUSAN JANE GITT (SUSAN J GITT, SUSAN JANE SCHULTZ) (Respondents).

The Claimants are retired and live in Florida.  The lawsuit states that the Claimants were looking for conservative income-generating investments that could support their retirement while protecting their principal. According to the lawsuit, GREAT POINT broker SUSAN J GITT presented them with options with the alleged understanding they were not looking to take any risk. One of the investment options the Claimants were recommended was Inspired Healthcare Capital, which has now filed bankruptcy. The lawsuit alleges that the Claimants trusted SUSAN J GITT implicitly and always followed her recommendations.

The lawsuit alleges that GREAT POINT broker SUSAN J GITT recommended “DSTs” (A Delaware Statutory Trust) which can purchase fractional ownership in properties that are 1031 qualified without having to own the whole property. The Claimants invested in Inspired Senior Living of Appleton in June of 2022, Inspired Senior Living Lake Orion in August of 2022 and the Inspired Healthcare Capital Development Fund III in June 2025 just a few months before they filed for bankruptcy.  Inspired DST’s representing more than half of their investable assets, have completely stopped paying all distributions. The Claimants lived off the distributions to support themselves in retirement. Inspired Healthcare Capital may result in a total loss of the Inspired investments for the Claimants.

GREAT POINT and their former registered representative, SUSAN J GITT’s actions have caused damages to the Claimant of an of at least $400,000 in principal losses plus additional fees.  The lawsuit is claiming negligence, breach of fiduciary duty and negligent supervision.

According to FINRA’s BrokerCheck, available to the public on FINRA’s website, SUSAN J GITT has 18 years of experience as a broker in the securities industry and has been with 8 firms.  Gitt was with GREAT POINT CAPITAL, LLC, of Chicago, Illinois from 10/28/2016 - 05/01/2026.  SUSAN J GITT is currently with QUINCY WELLS CAPITAL, LLC of Chicago, Illinois since 5/1/2026.

To discuss this article or any other securities issues, contact Soreide Law Group and speak to an experienced securities lawyer at no cost:  888-760-6552.

Soreide Law Group represents our clients nationwide before FINRA on a contingency fee basis.