Dwight Merriam, Nationally Prominent Land Use Expert, Leads Panel at American Bar Association Annual Meeting

Dwight Merriam

Dwight Merriam, Nationally Prominent Land Use Expert, Leads Panel on Dealing with Problem Properties at American Bar Association Annual Meeting

WEATOGUE, CT, USA, August 19, 2019 /EINPresswire.com/ — Audio and Slides Available Free to the Public

At the American Bar Association’s Annual Meeting in San Francisco on August 8th, land-use lawyer and planner Dwight Merriam of Simsbury, Connecticut moderated a panel “Taking a Bite out of Blight,” that focused on the ABA’s recently published book, VACANT AND PROBLEM PROPERTIES. The ABA has generously provided, free to the public, excerpts from the book and materials from the panel presentation, available at https://tinyurl.com/ABA-Problem-Properties.

Mr. Dwight Merriam, past chair of the State and Local Government Law Section and the recipient of its Lifetime Achievement Award in 1997, authored the forward to the book. He led off the panel discussion by describing the many kinds of problem properties, from abandoned and blighted homes to the 5.5 million “seriously underwater” dwellings with debt of 25 percent more than their value.

Jessica Bacher, a co-editor of the book and chapter author who is the Executive Director of the Land Use Law Center and Professor at Pace Law School in White Plains, New York, presented an overview of the book and gave real-world examples of how the guidance in the book has been used to help turn around problem properties.

Lin Chin, Special Projects Manager at Hello Housing in Oakland, California, then detailed the highly-successful program in Oakland that acquires and rehabilitates problem properties burdened with tax and other liens that have kept conventional developers from purchasing them.

Finally, Amber Knee, one of the book’s chapter authors and an Urban Planner with the Bicycle and Greenway Program in New York City’s Department of Transportation, gave a captivating account of how a city can turn around problem properties in a way that is sustainable and furthers conservation objectives.

Dwight Merriam
Dwight Merriam, Attorney at Law
+1 860-651-7077
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Source: EIN Presswire

Aileron Reports on Success of Uptown at Liberty Park Apartments in Cape Coral

Aileron Investment Management reported today on the success of their Uptown at Liberty Park Apartments located in Cape Coral, FL.

The Uptown apartments were a challenge to get across the finish line and I’m grateful we had a committed and experienced contractor in Brooks and Freund of Fort Myers, to assist us in that effort.”

— Bob Beard, CEO of Aileron

TAMPA, FL, UNITED STATES, August 19, 2019 /EINPresswire.com/ — Aileron Investment Management (“Aileron”) reported today on the success of their Uptown at Liberty Park Apartments (“Uptown”) located at 2505 Liberty Park Dr., Cape Coral, FL 33909. The luxury apartment community is part of the Liberty Park development, a 32-acre, mixed-use project in Cape Coral.

Uptown is a 320-unit Class A luxury apartment complex consisting of eight 4-story buildings and clubhouse overlooking a fountained lake. The clubhouse is truly spectacular and includes a resort style pool with a shaded grilling station, fully equipped gym, game room, full-service business center, coffee bar and dog spa. The facility also includes a separate dog park for both large and small dogs.

During the final stages of completion, the project faced challenges with the unexpected departure of Aileron’s senior managers to form their own company; Aileron reacted to the challenge with its executive ownership coming off the sidelines to complete the project. The last phase of the project was completed in January 2019 and has been in high demand since its first phase opened in July 2018 and in just over one year is approximately 86% leased.

Aileron is currently completing an adjacent $25+ million 130 room assisted living facility called Atrium at Liberty Park that will be managed by Meridian Senior Living and is scheduled to open in October 2019. They also developed and own Midtown Cape Apartments, a 90-unit Class A apartment community in Cape Coral that opened in August 2017 and is 95% leased.

“The Uptown apartments were a challenge to get across the finish line and I’m grateful we had a committed and experienced contractor in Brooks and Freund of Fort Myers, to assist us in that effort. The complex is beautiful and should provide much needed rental housing and spur further economic development in the Cape Coral community” said Bob Beard, CEO of Aileron.

About Aileron Investment Management
Aileron Investment Management is a diversified investment firm headquartered in Tampa, Florida that has historically acted as both a commercial real estate lender, investor and real estate developer. Since its inception in 2010, the Aileron companies have originated hundreds of millions in new construction lending and independently developed over $150 million in commercial real estate in the southwest Florida market

Doug Pace
Stonehill PR
+1 7276416145
email us here

Source: EIN Presswire

Latest Video Released by Grant Cardone Highlights a Method to Becoming and Staying Recession-Proof

Cardone Capital

Cardone Capital

Investing in multifamily real estate assets is the absolute way to produce instant cash flow.

With today’s banks paying virtually nothing on your investments, it’s imperative for investors to take control of their cash and be recession-proof.”

— Grant Cardone

AVENTURA, FL, USA, August 19, 2019 /EINPresswire.com/ — A recent YouTube video released by Cardone Capital founder, Grant Cardone, is highlighting one of the most impactful and effective ways to become, and stay, recession-proof in today’s volatile investment market.

The video, shot on the beautiful island of Fiji by Cardone himself, discusses the need for accredited and non-accredited investors to utilize their cash in real estate assets that produce immediate cash flow.

“With today’s banks paying virtually nothing on your investments, it’s imperative for investors to take control of their cash and be recession-proof,” says Cardone. “Banks make you lock up your money for 10 years at under 2% return per year. Whether its mutual funds, cash accounts, or ETFs, they don’t produce a recession-proof return under any circumstances.”

According to Cardone, the only way to be recession-proof, however, is by having money invested in real estate that is backed up by rental leases.

“Our rental leases are in large apartment complexes,” states Cardone. “These types of investments are highly sought after by investors because of the large amount of cash flow they produce. At Cardone Capital, we only invest in large complexes with many units. The more units in a complex, the more cash flow they produce.”

With Cardone Capital, investors will see a targeted return of 5-6% per year – which is 50x in today’s short term bank rates. This means that investors’ money may see a 15% annualized return, or more, when the property is sold.

Cardone Capital’s properties are quality grade, meaning they are located in neighborhoods with great jobs, schools, and trending areas. Each property is found, managed, purchased, funded, and sold directly by the company to ensure investors see the greatest return possible.

“Because we’ve been in the business so long, we know exactly the precise time to sell these properties,” states Cardone. “When we can double or even triple the equity in the deal, it’s time to sell. With the recurring cash flow from these investments, this means an investor will see 80x what the bank would give them.”

About Cardone Capital

On a mission to identify, acquire, and manage income-producing properties in quality grade locations, Cardone Capital provides opportunities for both accredited and non-accredited investors to preserve capital investments and collect consistent cash distributions, while providing future capital appreciation of the assets.

Cardone Capital’s portfolio currently consists of over 5,500 units with a total value of $1.2 billion, and has plans to expand 10x over the next five years.

To find out more, visit the website at https://cardonecapital.com/.

Our offerings under Rule 506(c) are for accredited investors only.


For our anticipated Regulation A offering, until such time that the Offering Statement is qualified by the SEC, no money or consideration is being solicited, and if sent in response prior to qualification, such money will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement is qualified. Any offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. A person's indication of interest involves no obligation or commitment of any kind. Our Offering Circular, which is part of the Offering Statement, may be found at https://cardonecapital/offering-1

Brian H. Robb, MBA, MSc., Chief Marketing Officer
Cardone Capital
+1 833-822-7435
email us here
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Source: EIN Presswire

SemaConnect Installs New Series 6 EV Charging Stations At Warland Cypress Business Center

SemaConnect EV charging stations

SemaConnect electric vehicle charging stations

Business park employees can now charge electric vehicles on Katella Avenue and Warland Drive

Electric vehicle charging stations are the newest trend in commercial real estate, and we’re honored to support EV drivers at the Warland Cypress Business Center.”

— Kevin Zheng, sales manager at SemaConnect

CYPRESS, CALIF., USA, August 19, 2019 /EINPresswire.com/ — SemaConnect, the leading provider of electric vehicle charging stations to the North American commercial and residential property market, announces the installation of new smart EV charging stations at the Warland Cypress Business Center in Cypress, California. Seven drivers can use the three dual pedestal and one single pedestal Series 6 charging stations that have been installed on Katella Avenue and Warland Drive. These new EV charging stations are the newest addition to the office park owned by Warland Investments Company, who earlier installed SemaConnect stations in 2017 at another building at the business center.

“Warland Investments wanted to offer its tenants the newest green amenity,” said Kevin Zheng, sales manager at SemaConnect. “We’re honored to serve EV drivers at the business center. Electric vehicle charging stations are the newest trend in commercial real estate, and we’re honored to support EV drivers at the Warland Cypress Business Center.”

The SemaConnect Series 6 EV charging station was designed for commercial use for Class A properties such as the Warland Cypress Business Center. In addition to the sleek, futuristic, compact design, the Series 6 charging stations incorporate the latest in EV technology. The new stations all feature the best-in-class Five Year Full Service package, which includes five years of full replacement warranty and SemaConnect Network services. With the SemaConnect Network, Warland Investments can set custom pricing and access, view live station status, and generate usage reports. The new charging stations are live and open exclusively to employees at the Warland Cypress Business Center.

About SemaConnect:
SemaConnect is the leading provider of electric vehicle amenities to the North American commercial and residential property markets. A complete EV support partner, SemaConnect delivers a truly modern property experience through innovative, elegantly designed charging stations and a robust and open network. The company has helped maximize property value and appeal through thousands of successful Class A deployments since its founding in 2008, for companies such as CBRE, JLL, Hines, Greystar, Cisco Systems and Standard Parking. SemaConnect remains the preferred charging solutions partner of municipal, parking, multifamily, hotel, office and retail customers across the United States and Canada. For more information, visit https://www.semaconnect.com/.

Bethany Villarreal
301 352 3730 x209
email us here
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Source: EIN Presswire

Unishost Unveils A Cutting – Edge Marketplace, Incorporated with The Latest Laser Targeting Digital Marketing Technology

Unishost Ltd

Website: https://www.unishost.com

Website Design and Development Services

Website: https://www.unishost.com – Promo Code: PRUNISHOST19

Website Design and Development Services

Mr. Hari Bhuva CEO Pioneer & Founder of Unishost Ltd

USA, August 18, 2019 /EINPresswire.com/ — According to statistica, which surveyed just over 1,000 workforce hiring decision-makers, 56% of managers or solo-professionals reported turning to freelancers or organizations to scale up quickly for a new project. This made increasing project needs the most common cause given for bringing on freelance talent or creative organizations—ahead of leveraging skills unavailable in-house (49%), filling staffing shortages (49%), and saving money (36%).

Scaling projects quickly isn’t just about man-hours. It’s about finding the right talent or organizations that understand how to work efficiently and effectively within the parameters of a given project. That might mean bringing on a team of contractors to work short-term or long-time until the project is completed. It might also mean engaging independent professionals or strong background organizations who have honed their ability to manage projects like the one you’re considering through their efforts in past roles.

However, hiring the right freelancer or an employee remotely had been a tough call for most clients and organizations, as they struggle through scanning or interviewing different remote workers. There are situations where several types of workers could be appropriate; selecting between them comes down to a judgment call regarding a client’s needs or organization’s needs and resources. In view of this, selecting the right remote workers have increasingly become a great setback for potential clients and organizations.

The emergence of “Unishost” with its cutting-edge marketplace, carefully vetted, professionals could be the solution that all solo-professionals, organizations around the globe requires to solve their unending needs. Their process looks quite seamless and user-friendly, there isn’t any need to undergo any screening or interview on any professionals. Their professionals are a bunch of savvies with more than two decades of experience, as well as found to have the best expertise in different niches and have all gone through the rigorous background verification process, screening process to enable them to collaborate effectively with different clients or organizations without any hassle.

Unishost is a full-service administrative company. This company offers a wide range of services ranging from custom digital solutions- Web & Mobile App Development, to SEO, Content & Digital Marketing, Voice-Over talent, Graphic Designers and everything else you need for your business to succeed under one umbrella and also deploying all types of digital technology with a laser, targeting your prospects and clients thereby improving your returns on investment (ROI) at all times no matter your industry. Their headquarter is based in the UK, England.

Unishost understand that “Starting a new business could be a little frightening,” likewise "staying on top" if you are an existing business. Additionally, Unishost also considers the increasing demand for various custom software solutions on so many products. They were inspired and motivated based on the challenges been faced by different clients or organization around the globe- This brings about the creation of this amazing platform named UNISHOST, with the aim to make businesses soar higher, thereby bringing about an exciting opportunity for solo-professionals and organizations – The interesting part is that, they offer 25% OFF on any purchase when you enter their discount PROMO CODE;- PRUNISHOST19

Mr. Hari Bhuva is the Pioneer and Founder of Unishost LTD, Leader of Commerce with many years of experience in areas of system development. He provides effective teaching and mentoring program to SME’s and the general public to engage a better understanding of Online Trading, Digital Marketing, etc. Based on the interview with Hari Bhuva – It was discovered that UNISHOST has gained the trust of over 2,000 businesses across the globe. So, relying on them to accomplish your work the right way and within the given timeframe is very feasible and 100% guaranteed.

Unishost topmost priority is primarily focused on clients’ needs in whatever industry. They are armed with a talented team; They utilize the latest technology that in turn guarantees result-driven solutions which help businesses distinguish their identities in the crowd. Being a client-centric company, they offer premium quality services with friendly hiring packages that would fit in within any budgets along with lifetime support, their aim is to build a long-lasting relationship with their clients.

No matter how big or small and complex any IT projects assigned to this company, they seem to be competent enough to deliver an impeccable outcome within the given timeframe, which in turn aid you towards achieving your goal

They Seem To Be Changing The Game In The Outsourcing World.
Should you know why?

• They offer Effective and Efficient Web Hosting Service.

• They offer compound Software Development (Mobile And Web; Andriod App, Ios App, Hybrid App, React App, Games App, Amp Apps, AR/VR.).

• They have the best professionals handling projects in different niches, along with software developers/gurus from India and around the world; PHP, Open Source – WordPress, Magneto, Drupal; Mobile Apps.

• They are competent in handling projects coming from Microsoft – Share point, Dotnet; others – Shopify, Ruby on Rails, Python, Java, NodeJs and Front-End Development as a whole.

• They are equipped with full-stack Digital Marketing professionals.

With all being said, there are tons of reasons why you should work with UNISHOST; some includes Data Security, Lifetime Support, On-Time Delivery, Transparency, Top Quality, Money Back Guaranteed and lots more.

• Do you have a pending project and you don’t know the right channel?

• Are you tired of searching for a specific freelancer for a particular niche project?

• Do you have an idea and you require an expert to guide you through the process of starting up your new business?


UnisHost is here to make a difference to Cross-border Platform with its Powerful Sustainable Resources!

We are always where you want us to be; at your side strategizing the next growth pattern for your company, this is why our online chat support was built along with our instant ticket support system.


For more information, kindly visit (www.unishost.com) or connect with us on WhatsApp via this link Unishost-Tech-Support

Sam Oakes
+44 20 3608 0033
email us here

Source: EIN Presswire

Your Home Sold Guaranteed Realty, Inc. Is Awarded As One of America's Best Real Estate Professionals by REAL Trends

Your Home Sold Guaranteed Realty, Inc. REAL Trends America’s Best Real Estate Professionals

ROSEMEAD, CALIFORNIA, UNITED STATES, August 17, 2019 /EINPresswire.com/ — Your Home Sold Guaranteed Realty, Inc., a real estate company known for its unbeatable team system and real estate solutions, is proud to announce its award as one of America's Best Real Estate Professionals according to REAL Trends. "America's Best Real Estate Professionals honors the finest real estate agents from all across the country! Nearly 14,000 U.S. real estate sales associates from every state are featured in America's Best. Those ranked in America's Best are the among the top 1/2 of 1 percent of 1.4 million licensed real estate professionals in the United States" as said in the award.

Since 1987, REAL Trends among the most trusted source when it comes to news and research about the real estate brokerage industry. As it announced the results of the 2019 REAL Trends 500 today, the Your Home Sold Guaranteed Realty, Inc. under the efforts of Rudy Lira Kusuma.

Being based in Castle Rock, Colorado, REAL Trends is among the leading names when it comes to consulting, communication, and publishing services. No doubt, most of the residential real estate brokerage firms trust to the companies brand new industry information, update, and analysis. The company has expertise in delivering valuable news, conferences, publications, or newsletters.

Over the years, the REAL Trends magazine serves to be the companion of many brokerage leaders in celebrating their success in the industry, including Rudy Lira Kusuma of Your Home Sold Guaranteed Realty Inc. Kusuma considered the award is one of the largest firms ranked by closed transaction sides this year as another achievement for the entire team.

Your Home Sold Guaranteed Realty, Inc.’s recent achievement is true evidence that its team system is reliable and effective to provide home selling and buying solutions. For the past years, Kusuma has been dedicated his full effort to create innovation and efficiency in real estate selling.

Kusuma says, “We all know that REAL Trends Magazine is one of every real estate broker and firm’s dream due to their expertise in the business research, digital marketing consulting services, strategic planning, compensation analysis, and technology. Our entire team is glad to receive the award as one of the largest firms in the real estate industry in the US.”

“I envision to expand the services of Your Home Sold Guaranteed Realty, Inc. so that more individuals can take advantage of quality properties while agents can leverage their career using our team system,” he added.

From time to time, Rudy Lira Kusuma reminds the prospects that each time they do business with his team, they are already benefited from the home selling system that guarantees satisfying results and service. Through his efforts, along with the entire team, more clients end up with the properties they desire, be it on selling or buying.

About Your Home Sold Guaranteed Realty, Inc.:

Your Home Sold Guaranteed Realty, Inc. is a leading real estate brokerage, which utilizes an effective team system in delivering quality, satisfying solutions, and services. With combined experience, technology, and dedication, the team can sell properties twenty times faster than the average agent.


Anyone planning on making a move for the next three to six months, or interested in building or joining a team, call Rudy at 626-789-0159 or send an email at rudy@teamnuvision.net.

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Source: EIN Presswire

USC Accused of Defrauding Tenants at University Village

Two restaurants, BBCM and Rance’s Chicago Pizza, represented by Russ, August & Kabat, filed a Complaint against the University of Southern California.

It was a shock to learn that USC students would not be able to use their USCards. We never would have signed a lease had we known the truth.”

— Aaron Tofani, one of the owners of Rance’s

LOS ANGELES, CA, UNITED STATES, August 16, 2019 /EINPresswire.com/ — Two restaurants, BBCM and Rance’s Chicago Pizza, represented by Russ, August & Kabat, filed a Complaint against the University of Southern California, alleging that USC defrauded local small business owners in order to induce them and other tenants into signing leases at above market rates at the USC Village. The Complaint alleges that USC was under tremendous pressure to lease their vacant commercial spaces at above market rates and accomplished this deception by falsely representing to prospective tenants that (1) they would be able to accept USC meal cards (USCards), (2) they would be part of a destination center servicing the local community, not just USC, (3) that University Village would be a reasonable mix of restaurants and retail and (4) concealed the fact that there would be an 8,000 square foot dining hall at the USC village.

According to the Plaintiffs’ claims, USC knew these representations were false. The Complaint states that USC never intended to and never permitted the tenants to accept USCards. The Complaint further alleges that USC planned to and did construct a massive dining hall in the middle of the Village that did accept USCards, but intentionally hid that fact from the tenants.

USC is also alleged to have strong armed these small business owners at the Village who attempted to organize and bring attention to these issues. At every attempt, the tenants were allegedly met with threats of default and legal action by USC’s real estate team in order to suppress this information.

Further, the complaint alleges that USC made numerous promises regarding the benefits and how the USC Village would be a place for the local community in order to get the city and local community leaders to buy in on the project and obtain approval for their demolition of the local community shopping complex.

The BBCM Café operates a restaurant at the USC Village. Rance’s Chicago Pizza operated three restaurants, one at the USC Village, one in Costa Mesa and one in Belmont Shore, Long Beach. The Plaintiffs are seeking in excess of $5,000,000 in damages as well as the termination of their lease obligations and $20,000,000 in punitive damages. According to Aaron Tofani, one of the owners of Rance’s, “It was a shock to learn that USC students would not be able to use their USCards. That was a real game changer. We did not discover until after we opened. We never would have signed a lease had we known the truth".

For more information or a copy of the complaint, contact Larry C. Russ, Russ, August & Kabat, (310) 826-7474 or Email Lruss@raklaw.com.

Larry C. Russ
Russ, August & Kabat
+1 310-826-7474
email us here

Source: EIN Presswire

The keys to keeping your HVAC unit running great

HVAC Experts

Bucks County HVAC Service

This article discusses several ways to help you keep your heating and air conditioning unit running properly all year around with the help of HTR Mechanical.

HTR Mechanical is now serving Bucks and Montgomery County!”

— Craig

LEVITTOWN, PA, UNITED STATES, August 16, 2019 /EINPresswire.com/ — Most people do not realize how important basic routine maintenance is for your whole house HVAC unit. Nine out of ten times, its the simple things that go wrong that could have been prevented by keeping up on the maintenance with your unit. In this article, we will talk about several quick and easy things you can do, or just call HTR Mechanical to help you get your Bucks County HVAC unit running properly. The ultimate advantage is simply cooler, more fresh heating and air conditioning service for your whole house.

The first piece of advice is the most simple piece of advice. Make sure you are replacing your air handlers air filter at least once a month. This alone will help you keep the fan speed running properly by keeping the air flow consistent. If your filter is full of dirt and grime from your return ducts pulling in all of the loose pet hair and dust from your house, the supply vents will not have a strong air supply due to the clogged filter. This would translate to you trying to breathe through a straw.

Second, make sure your compressor has enough freon in the line set. This step is slightly more complicated and may require professional help on this step. We would recommend you give HTR Mechanical a call for this step. Once coordinated, these professionals will come out to your home and check the freon charge levels with their gauges to make sure their is enough charge in your system. If the charge is too low, you could have a leak in the line set or compressor causing the extremely harmful leak in your system. This will also cause the temperature of the air conditioning system to not allow your house to get very cool, and might convince you your system is too weak, while the reality could be you need to simply fix the leak and recharge your HVAC unit. A simple inspection of the insulated copper line could help you spot a leak if you have one by looking for a green slime like liquid leaking out of the line somewhere.

Third, if your outdoor unit is not turning on at all, then your compressor, which is inside this unit will not operate at all. This will prevent the heating and cooling function on your conventional heat pump system to operate at all. The fan can still turn on inside the house convincing you your system is running correctly, but if the compressor will not turn on then your air will not get cold or hot. To find a solution for this issue, you will most likely need a technician to help you fix this problem. Sometimes the solution will lead to a brand new outdoor unit so your compressor and all of the electronics on your defrost board are replaced to keep your system running properly for a long time.

In addition, HTR Mechanical offers great whole house humidifiers and mini ductless split units in bucks county to keep your heaters running great without drying out your house.

For any questions related to HVAC systems in Bucks County, or Montgomery County, please contact HTR Mechanical today at 267-241-3769 or visit us on the web at https://www.htrmechanical.com.

HTR Mechanical
HTR Mechanical
+1 267-241-3769
email us here

Source: EIN Presswire

Tarps Now® Continues Expansion Supporting the EPC Construction Industry

Tarp Coverings in High Demand with EPC Contractors spur Merchandising Expansions

ST. JOSEPH, MICHIGAN, UNITED STATES, August 16, 2019 /EINPresswire.com/ — Tarps Now® is pleased to announce it has increased commitment to expanding the number of lines of Heavy Duty Tarps and Coverings engineered to meet the needs of Engineering, Procurement and Construction (“EPC”) contractors throughout the North American construction marketplace.

EPC Contractors are firms actively engaged in completing turn-key projects requiring accurate cost quotes, rapid order processing and order deliveries of tarp and covering products used to develop and construct a wide range of facilities.

Projects typically involve large scale construction projects, heavy industry, electric and gas utilities, oil and gas pipelines, retail shopping centers, multi-family community projects, and healthcare industry facility projects.
Tarps Now® EPC Industry Product Highlights:


About Tarps Now®

Tarps Now® features an extensive online catalog EPC Construction products that includes heavy duty tarps, canvas tarps, poly tarps, custom tarps, mesh tarps, vinyl tarps and industrial divider curtains. As specialists in custom canvas and vinyl tarps, they are the low-price leaders in their category. The company offers the convenience of fast, easy, online ordering as well as a knowledgeable staff to guide customers through the specification process insuring their project will be completed on time and in budget. Tarps Now® has the experience and scale to insure customer specifications are carefully followed and expectations exceeded for every project, large or small.

Michael Dill
Tarps Now, Inc.
+1 8888001383
email us here

Source: EIN Presswire

GPB Capital Lawsuit August 2019 Update

GPB Capital Lawsuit August 2019

GPB Capital Lawsuit August 2019

After investigations by state agencies and now massive declines in value, and a raid by the FBI, investors are filing a GPB Capital lawsuits to recover losses.

PALM BEACH, FL, 33401, August 16, 2019 /EINPresswire.com/ — August has been another bad month for GPB Capital investors, with "Ponzi- scheme" allegations by a former business partner coming to light in a recent lawsuit in Massachusetts. This comes after reports of over 74% loss in some of GPB Capital investments.

Several investors filed GPB Capital lawsuits against the broker-dealers and advisors that sold them GPB Capital.

Matt Thibaut, Partner at Haselkorn & Thibaut. P.A., a national investment fraud law firm, said the following: "we have received many inquiries from investors across the country that have concerns about their GPB Capital investments.”

Thibaut continues, "We have over 40 years of experience in securities law and GPB appears to be a significant and wide-spread problem." In recent months, they have initiated investigations into Hightower Securities, Royal Alliance, FCS Securities, Woodbury, Madison Avenue Securities, Dawson James Securities, and 60 other broker-dealers.

There is a limited time for GPB investors to file claims to recover investment losses. Investors seeking to recover losses or consider options can get a free case and portfolio review by calling 1-888-628-5590.

Attractive investment yields lured countless investors to GPB Capital. It is alleged that many financial advisors were motivated to sell the GPB Capital funds because they earned upwards of 10 percent commission. According to Investment News, financial advisors were paid over $100 million in commissions!

Last July, GPB Capital sued its former partner who allegedly reneged on a sale of several dealerships in the New York area. GPB is seeking the return of $42 million GPB had paid to the former business associate. As litigation continues, other issues for GPB came to light last year:

• April 2018: GPB failed to produce audited financial statements;
• August 2018: GPB announced no new investor capital would be accepted; The investigation, including sales practices of over 60 independent broker-dealers;
• November 2018: GPB's auditor, citing perceived dangers, resigned; and
• December 2018: FINRA and SEC have also launched independent Investigations into GPB and those broker-dealers who have sold the GPB Funds.
• February 2019: The FBI and New York City regulators raided the corporate offices.

The sole purpose of this release is to investigate the manner in which GPB Capital was approved for sale to investor customers and issues regarding GPB Capital.

If you have any knowledge or experience with these matters please contact Haselkorn & Thibaut, P.A. at 1-888-628-5590, or visit the law firm’s website at InvestmentFraudLawyers.com.

About Haselkorn & Thibaut
Haselkorn & Thibaut is a national law firm that specializes in investment fraud and FINRA arbitrations. They represent both individual and institutional investors to aggressively recover investment losses.


Jason Haselkorn
Haselkorn & Thibaut, P.A.
+1 888-628-5590

Jason Haselkorn
Haselkorn & Thibaut, P.A.
+1 888-628-5590
email us here

GPB Capital Lawsuit – Investor Alert

Source: EIN Presswire