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Levin Law, P.A. Files Additional FINRA Arbitration Claims Against Royal Alliance, Triad Advisors, and Vanderbilt Securities

Levin Law | 10.1.2019
GBP Investors

Levin Law, P.A. Files Additional FINRA Arbitration Claims against Royal Alliance, Triad Advisors, and Vanderbilt Securities on behalf of GPB Investors and Continues to Investigate Brokerage Firms that Sold GPB Capital Holdings Funds

Levin Law, P.A. (“Levin Law”) is continuing its investigation regarding the due diligence and sales practices of securities brokerage firms that offered, recommended, or sold GPB Capital Holdings, Inc. (“GPB” or “GPB Capital”) funds and other private placement securities.  Levin Law has already been retained by multiple GPB investors who believe that they have suffered losses from their GPB investments. To date, Levin Law has filed over a dozen cases against FINRA-member brokerage firms that recommended and sold GPB Capital funds to their customers.

On October 1, 2019, Levin Law filed multiple FINRA arbitration claims against FINRA-member brokerage firms Triad Advisors (“Triad”), Vanderbilt Securities (“Vanderbilt”), and Royal Alliance Associates (“Royal Alliance”) seeking hundreds of thousands of dollars in damages on behalf of families who were recommended and sold interests in various GPB Capital Holding funds (the “GPB Funds”).  The investors in the filed cases allege that Triad, Vanderbilt, and Royal Alliance failed to conduct adequate due diligence on the GPB Funds prior to recommending and selling such funds to its customers, and also that Triad, Vanderbilt, and Royal Alliance misrepresented and omitted material information when recommending and selling the GPB Fund to the investors in the recently-filed cases.

GPB recently marked down the fair market value (“FMV”) of the GPB Fund down nearly seventy percent (70%).  Other GPB funds have been marked down as well, some reflecting similar losses as the GPB Fund.

GPB Capital is the subject of several on-going investigations by various state and federal investigators, along with the FBI, over allegations of dubious accounting and sales practices, as well as providing inaccurate disclosures to investors.

GPB funds were sold to investors by financial advisors and stockbrokers associated with many broker-dealers.  Questions have arisen surrounding the brokerage firms’ due diligence. FINRA-member brokerage firms and their registered representatives have an obligation to conduct adequate due diligence on securities prior to recommending and selling such investment products to customers.

Levin Law will be filing additional cases involving GPB Holdings Fund, GPB Automotive Portfolio, LP., GPB Holdings II, LP, GPB Waste Management, LP., and other GPB Capital funds. 

Brian Levin is the managing partner of Levin Law, P.A., and has both a domestic and international practice, primarily representing individual investors, institutional investors, family offices, and others in claims for investment-related wrongdoing against brokerage firms, private banks, investment advisors, commodities firms, hedge funds, and others.  He also represents financial-industry professionals, including financial advisors, private bankers, hedge-fund employees, professional traders, and others in employment-related and trading claims against financial institutions.

If you invested in any GPB Capital fund and are interested in pursuing claims against the brokerage firm that sold you such funds, contact Levin Law for a free case consultation.  Levin Law takes most cases on a contingency-fee basis, meaning that we are not compensated unless we recover money for you.  Please contact us at (305) 402-9050,, or through a contact form.

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