Articles Posted in Wilmington Capital Securities

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Over the past calendar year, GPB Capital investors have won over $2.4 million in monetary awards in 10 out of 11 (nearly 91%) arbitration claims that have proceeded to a final hearing.  According to public records, many other claims filed against broker-dealers who sold the private placements offered by GPB Capital have been settled for monetary compensation.

The judgments and awards come after years of filing lawsuits and arbitration claims by GPB Capital investors.

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Wilmington Capital Securities, LLC is a brokerage firm headquartered in Garden City, New York. The firm was formed in November 2004.

Iorio Altamirano LLP is investigating claims on behalf of defrauded investors who were victims in the GPB funds scheme. The GPB funds were marketed to independent broker-dealers and investment advisers who would, in turn, sell the GPB funds to their retail investors. According to publicly available records filed with the SEC, Wilmington Capital Securities, LLC likely received sales compensation for selling the GPB funds to retail investors.

If you lost money in GPB funds with Wilmington Capital Securities, LLC, you may have a claim.

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