Soreide Law Group has been contacted by investors who claimed they had experienced losses due to the alleged purchase of GPB Automotive stock through JAMES MICHAEL ARMOUR (JAMES M ARMOUR), currently listed with AUSDAL FINANCIAL PARTNERS, INC. of Wayzata, Minnesota since 2011. In February of 2021, GPB Automotive Portfolio, LP, was found to be a […]

Investors File Disputes About Hugh Barndollar's Alternative Investment Sales The Financial Industry Regulatory Authority (“FINRA”) reports troubling information relating to securities broker Hugh “Hobby” Ordway Barndollar III (CRD#: 3027317, Land O’ Lakes, Florida). Evidently, Barndollar worked as a securities broker for firms including  JP Turner Company, Newport Coast Securities and Crown Capital Securities. He has […]

Kalos Clients Might Have Been Sold Unsuitable, Misrepresented GPB Funds Soreide Law Group is reviewing possible investor disputes in regard to financial advisor Jason James Mosher (CRD#: 3070810, Canandaigua, New York). Namely, FINRA BrokerCheck indicates that securities brokers at Kalos Capital possibly sold unsuitable investments including GPB Funds. In fact, investor disputes involving one or […]

There is yet another legal dispute looming over GPB Capital Holdings, which raised $1.5 billion from investors through the sale of high-commissioned, high-risk private placements, writes Bruce Kelly in a recent InvestmentNews article.  This dispute is over the control of the Volkswagen's auto dealerships that GPB purchased. Volkswagen of America Inc. filed an amended complaint […]

According to a recent article in InvestmentNews, the already troubled GPB Capital Holdings private placement told investors in a letter dated January 23, 2020, that they will not be able to provide Schedule K-1 tax documents to their approximately 6,350 investors, or limited partners, by at least April 15th in one of its largest funds, […]