• 11/29/2024

Judge Appoints Receiver to Liquidate GPB Capital Holdings

Wall Street Journal

Private-equity firm GPB Capital Holdings, facing civil fraud allegations since early 2021, will be liquidated by a court-appointed receiver, signaling the end of a long wait for roughly 17,000 investors whose capital has been tied up since at least 2018.

https://www.wsj.com/articles/judge-appoints-receiver-to-liquidate-gpb-capital-holdings-978b8ef3