Arni Diamond – Financial Advisor/Broker Arni Diamond Sold the High-Risk Investment, GPB Capital
Arni Diamond – Financial Advisor/Broker Arni Diamond Sold the High-Risk Investment, GPB Capital | Goodman & Nekvasil, P.A. Has Filed an Arbitration Claim Against Kalos Capital, Inc.
Arni Diamond is a licensed financial advisor with Dempsey Lord Smith, LLC. Arni Diamond was previously licensed with Kalos Capital, Inc.
Goodman & Nekvasil, P.A. has filed an arbitration claim on behalf of our client alleging that the recommendation of GPB Holdings, LP, GPB Waste Management, LP and GPB Automotive Portfolio, L.P., were unsuitable in view of our client’s investment objectives, financial situation and needs.
Goodman & Nekvasil, P.A. May Recover Investors Losses on GPB and/or Other Investments
Our Firm has recently filed arbitration claims against Kalos Capital, Inc., National Securities Corporation, Woodbury Financial Services, Inc. and Moloney Securities Co. Inc. on behalf of investors in GPB Capital investments. We allege that these investments were unsuitable because our clients did not know, among other things, that these GPB investments were high risk, illiquid and included up front fees of 11.75%. We have been contacted by numerous other GPB investors requesting representation. We are handling these cases nationwide.
GPB raised 1.3 billion dollars by issuing private placement notes. These notes are private placement, or non-traditional, investments that are not registered with the SEC. These inherently risky investments are only suitable for sophisticated investors who understand the risks and can afford to lose their entire investment. Unfortunately, many brokerage firms and financial advisors sold these GPB investments to retirees and unsophisticated investors because they paid such a high commission.
If you lost any money on GPB and/or other investments with Arni Diamond, you may be able to recover your losses. If you lost money on GPB and/or other investments with Arni Diamond and believe that the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Arni Diamond’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on GPB and/or other investments with Arni Diamond and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.