Sievert is currently facing two customer complaints alleging the sale of unsuitable private placement interests.
The Sonn Law Group is investigating allegations that Michael Sievert committed misconduct. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.
Michael Sievert (CRD#: 2127441) has been employed by Arkadios Capital since 2018. Formerly he was employed by Triad Advisors from 2012 to 2018.
According to his BrokerCheck report, two customers filed complaints against Michael Sievert, alleging the sale of unsuitable private placement interests in GPB Capital Holdings. The first complaint was filed on July 16, 2019, alleging damages of $500,000 and the second complaint was filed on November 26, 2019, alleging damages of $200,000. Both remain pending.
GPB has reportedly raised $1.8 billion from investors through the sale of private placement investments in individual limited partnerships, including:
- 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
- GPB Scientific, LLC
- GPB Waste Management, LP formerly: GPB Waste Management Fund, LP.
GPB is facing investigations from the FBI, SEC, and FINRA, as well as being named in a class-action in federal court.
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The Sonn Law Group is currently investigating allegations that brokers recommended unsuitable investments. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.
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