investigations

GPB Capital Holdings

If you invested in a GPB Capital Holdings Fund, please contact Clark Law Group immediately.

​After allegations that GPB Capital Holdings operated like a Ponzi scheme, Clark Law Group is investigating possible claims against brokerage firms who recommended risky and high-commission GPB Capital Holdings funds to their customers.

​Beginning in late May 2018, GPB began receiving subpoenas and other information requests from the U.S. Attorney’s Office for the Eastern District of New York (the “USAO”), the SEC, the New Jersey Bureau of Securities and the New York City Business Integrity Commission (the “BIC”). Thereafter, the Federal Bureau of Investigation and the BIC executed search warrants obtained by the USAO to collect materials and information at GPB’s New York City and Garden City, NY offices.

Publicly filed lawsuits and regulatory matters allege that GPB Capital Holdings has been engaged in wrongdoing.  A former GPB Holdings partner, officer and manager, Patrick Dibre alleged that “losses occasioned by GPB were in fact caused by a very complicated and manipulative Ponzi scheme.” The claim further alleges that “GPB paid its investors significant returns based upon falsified financial information.” The complaint also alleges that GPB had to “implement a different investment methodology than the one disclosed to the investors.”

​Our investigation into GPB private placement funds includes, but is not limited to, the following funds:

  • GPB Automotive Portfolio, LP
  • GPB Cold Storage, LP
  • GPB Eurobond Finance PLC
  • GPB Holdings II, LP
  • GPB Holdings III, LP
  • GPB Holdings Qualified, LP
  • GPB Holdings, LP
  • GPB NYC Development, LP
  • GPB Scientific, LLC
  • GPB Waste Management, LP formerly: GPB Waste Management Fund, LP


If you invested in any GPB Capital fund through a brokerage firm, contact Clark Law Group. at contact@clarklawpa.com or (954) 790-5181 for a free case evaluation.

 

1 Global Capital, LLC

If you invested in any investment recommended or sold by 1 Global Capital, LLC, call Clark Law Group, P.A. (“Clark Law Group”) for a case evaluation.  Clark Law Group is investigating 1 Global Capital, LLC following the Securities and Exchange Commission’s (“SEC”) lawsuits against various individuals for the sale of unregistered securities of 1 Global Capital, LLC.

1 Global Capital, LLC was a South Florida merchant cash advance company headquartered in Hallandale Beach, Florida.  The SEC filed lawsuits against individuals who sold 1 Global Capital, LLC to investors.  The SEC alleges: “1 Global’s business came to a crashing halt when it filed for bankruptcy in July 2018, leaving … thousands of … investors with hundreds of millions of dollars in losses.”  The SEC alleges: “From 2014 until July 27, 2018, 1 Global … fraudulently raised at least $320 million from the sale of unregistered securities to more than 3,600 investors nationwide.”

If you invested in 1 Global Capital, LLC, contact Clark Law Group, P.A. at contact@clarklawpa.com or (954) 790-5181 for a case evaluation.

 

Complete Business Solutions Group, Inc. d/b/a Par Funding

If you invested in an investment of any type (such as a fund, stock, member units, limited partnership interests, or promissory notes) recommended or sold by Complete Business Solutions Group, Inc. d/b/a Par Funding, call Clark Law Group, P.A. (“Clark Law Group”) for a case evaluation.  Clark Law Group is investigating Complete Business Solutions Group, Inc. d/b/a Par Funding following the Securities and Exchange Commission’s (“SEC”) lawsuit against Complete Business Solutions Group, Inc. d/b/a Par Funding and related companies and individuals.

Complete Business Solutions Group, Inc. d/b/a Par Funding, located Palm Beach Gardens, Florida, was sued by the SEC for violating securities laws.  The SEC alleges Par Funding involved “a web of unregistered, fraudulent securities offerings that have raised nearly half a billion dollars from an estimated 1,200 investors nationwide.”  According to the SEC’s lawsuit, “[f]rom August 2012 until approximately December 2017, Par Funding primarily issued promissory notes and offered them to the investing public directly and through a network of sales agents.”  The SEC’s lawsuit also alleges that:

  • “Beginning no later than February 2, 2019, … ABFP Income Fund, raised at least $22 million for Par Funding through the offer and sale of promissory notes to at least 99 investors.”
  • “Beginning no later than August 8, 2018, … ABFP Income Fund 2, has raised at least $6 million for Par Funding, through the offer and sale of limited partnership interests in ABFP Income Fund 2 to at least 49 investors.”
  • “Since no later than August 9, 2018, … Fidelis Planning, has raised more than $5.8 million from investors for Par Funding through the offer and sale of promissory notes.”
  • “Since as early as May 2018, … RE Income Fund, has raised more than $5.4 million from at least 62 investors for Par Funding through the offer and sale of promissory notes.”
  • “Since no later than August 1, 2019, … RE Fund 2, has raised at least $150,000 from investors for Par Funding through the offer and sale of promissory notes.”

Our investigation includes the following entities also involved in the SEC’s case:

  • Complete Business Solutions Group, Inc. d/b/a Par Funding,
  • Full Spectrum Processing, Inc.,
  • ABetterFinancialPlan.com LLC d/b/a A Better Financial Plan (“ABFP”),
  •     ABFP Management Company, LLC f/k/a Pillar Life Settlement Management Company, LLC (“ABFP Management”),
  •     ABFP Income Fund, LLC,
  •     ABFP Income Fund 2, L.P.,
  •     United Fidelis Group Corp.,
  •     Fidelis Financial Planning LLC,
  •     Retirement Evolution Group, LLC,
  •     RE Income Fund LLC, and
  •     RE Income Fund 2 LLC; and the following related entities: ABFP Income Fund 3, LLC, ABFP Income Fund 4, LLC, ABFP Income Fund 6, LLC, ABFP Income Fund Parallel LLC, ABFP Income Fund 2 Parallel, ABFP Income Fund 3 Parallel, ABFP Income Fund 4 Parallel, and ABFP Income Fund 6 Parallel.

If you invested in Par Funding or any of the related entities, contact Clark Law Group, P.A. at contact@clarklawpa.com or (954) 790-5181 for a case evaluation.

 

Infinity Q Diversified Alpha Fund (IQDAX)

If you invested in any investment recommended or sold by Infinity Q Diversified Alpha Fund (IQDAX), call Clark Law Group, P.A. (“Clark Law Group”) for a case evaluation.  Clark Law Group is investigating Infinity Q Diversified Alpha Fund following the Securities and Exchange Commission’s (“SEC”) suspending the right of redemption of Infinity Q Diversified Alpha Fund’s outstanding redeemable securities.

On February 22, 2021, the Securities and Exchange Commission suspended the right of redemption of Infinity Q Diversified Alpha Fund’s outstanding redeemable securities.  https://www.sec.gov/rules/ic/2021/ic-34198.pdf  The SEC’s order followed an application on behalf of Infinity Q Diversified Alpha Fund (IQDAX), a series of Trust for Advised Portfolios, which was filed by Trust for Advised Portfolios and Infinity Q Capital Management LLC, the investment adviser of Infinity Q Diversified Alpha Fund.

If you invested in Infinity Q Diversified Alpha Fund (IQDAX), contact Clark Law Group, P.A. at contact@clarklawpa.com or (954) 790-5181 for a case evaluation.

 

Turn to Our Business Litigation Attorneys and Get Help Now

 

If you are facing a business or investment dispute in Florida or elsewhere, contact Clark Law Group, P.A., able advocates focusing on securities litigation for investors in cases involving unsuitable investments, unauthorized trading, stock fraud, and other stockbroker abuses.

With an office location in Fort Lauderdale, Clark Law Group, P.A. handles investor arbitration claims nationwide and serves clients throughout Florida, especially Miami-Dade, Broward, and Palm Beach counties, in the full scope of other corporate and business disputes. In addition to West Palm Beach, Boca Raton, and Miami, we proudly serve individuals and business owners in the cities of Tampa, Orlando, Jacksonville, and beyond.

For more information on your rights and options, call Clark Law Group, P.A., your Florida business litigation attorneys, for a free initial consultation. The hiring of a lawyer is an important decision and should not be based solely on advertisements.