AEON Capital Inc. is a broker-dealer headquartered in Middletown, New Jersey. According to publicly available records filed with the SEC, the firm likely received sales compensation for selling the GPB funds to retail investors. AEON Capital Inc. is a firm subject to FINRA Rule 3170. The Rule is referred to…
Pariter Securities, LLC is a broker-dealer based in Guaynabo, Puerto Rico. In September 2019, the Commissioner of Financial Institutions of the Government of Puerto Rico (“OCFI”) found that the firm failed to put into place a supervisory system that was reasonably designed to achieve compliance with suitability rules and regulations…
Cabot Lodge Securities LLC is a midsize independent broker-dealer headquartered in New York, NY. According to publicly available records filed with the SEC, the firm likely received sales compensation for selling the GPB funds to retail investors. Cabot Lodge Securities LLC is under common control with Purshe Kaplan through holding…
Calton & Associates, Inc. is a Florida-based broker-dealer. According to publicly available records, the firm is facing a $500,000 customer complaint from an investor who suffered losses in his account. The investor’s account held positions in the GPB funds. Iorio Altamirano LLP is investigating claims on behalf of defrauded investors…
Capital Investment Group, Inc. is a broker-dealer headquartered in Raleigh, North Carolina. According to publicly available records filed with the SEC, the firm likely received sales compensation for selling the GPB funds to retail investors. Iorio Altamirano LLP is investigating claims on behalf of defrauded investors who were victims in…
A FINRA customer complaint involving Dempsey Lord Smith broker Raymond Sun alleges elder financial abuse as defined by the Welfare and Institutions Code under California law. The claim seeks $1.2 million in damages, including $900,000 in punitive damages. The claim, which was filed on August 28, 2020, is related to…
Geneos Wealth Management, Inc. is a Colorado-based broker-dealer. According to publicly available records, the firm is facing a $1 million customer complaint over a former broker’s recommendations to a client to invest in three GPB Capital funds: GPB Holdings II, GPB Automotive Portfolio, and GPB Waste Management. Iorio Altamirano LLP…
Crystal Bay Securities, Inc. is a defunct broker-dealer out of Delray Beach, Florida. FINRA cancelled the firm’s license in February 2019 for failure to pay arbitration fees. In November 2020, an arbitration panel ordered Crystal Bay Securities, Inc. to pay $1.3 million in damages to a 91-year-old Claimant over her…
Emerson Equity LLC is a broker-dealer headquartered in San Mateo, California. According to publicly available records filed with the SEC, Emerson Equity LLC likely received sales compensation for selling the GPB funds to retail investors. Firm broker Robert Scott is named in customer disputes involving GPB funds, including the GPB…
Arkadios Capital is a boutique broker-dealer headquartered in Atlanta, Georgia. The firm was formed in 2015. According to publicly available records filed with the SEC, Arkadios Capital likely received sales compensation for selling the GPB funds to retail investors. Firm broker Mike Sievert is named in customer disputes involving GPB.…