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IMPORTANT NOTICE TO GPB NYC DEVELOPMENT INVESTORS WHO SUFFERED LOSSES

2025-06-13  |  23:55:03
If you suffered losses in GPB NYC Development, contact KlaymanToskes

Please Contact the Law Firm of KlaymanToskes for A Free and Confidential Consultation to Discuss Pursuing A Potential Recovery of Your Losses

NEW YORK, NY, UNITED STATES, June 13, 2025 /EINPresswire.com/ -- National investment loss and securities law firm KlaymanToskes is continuing its investigation into brokerage firms and financial advisors that may have unsuitably recommended investments in GPB NYC Development, a GPB Capital private placement. Investors who suffered significant losses as a result of a recommendation to invest in GPB NYC Development by their broker/investment advisor should contact the law firm immediately at 888-997-9956 for a free and confidential consultation to discuss potential recovery options.

GPB NYC Development, LP was one of several private funds marketed by GPB Capital Holdings, which collectively raised over $1.8 billion from investors. While the fund was presented to some investors as a safe, income-generating real estate opportunity, recent developments have revealed that GPB Capital operated a Ponzi-like scheme. In August 2024, a federal jury convicted GPB’s CEO David Gentile and Ascendant Capital head Jeffry Schneider on fraud and conspiracy charges (Case No. 21-CR-54), confirming that GPB used new investor money to pay fake distributions and falsified financial statements.

KlaymanToskes’ investigation has led the law firm to believe that investment firms and their financial advisors may have failed to conduct proper due diligence, misrepresented the risk of GPB Capital offerings, and continued to market the investments even after GPB ceased required financial disclosures in 2018. Many investors were not informed of regulatory red flags involving GPB, including SEC investigations, auditor resignations, and financial inconsistencies.

Financial advisors and their firms may be held liable for any losses incurred by their customers in the event of failure to act in the best interest of the customer, unsuitable investment recommendations, misrepresentations or omissions of material facts, and/or an overconcentration of the customer’s portfolio in one particular investment, class, or market sector. Further, financial professionals and their firms cannot disregard a customer’s risk-tolerance when making investment recommendations.

Investors who suffered losses in GPB NYC Development, or any other investments due to unsuitable recommendations by their brokerage firm/financial advisor, are encouraged to contact attorney Steven D. Toskes at (888) 997-9956 or by email at investigations@klaymantoskes.com for a free and confidential consultation to discuss potential recovery options.

About KlaymanToskes

KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration and litigation on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $600 million in Securities Litigation and FINRA Arbitration matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.

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Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices.

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Steven D. Toskes, Esq.
KlaymanToskes, P.A.
+1 888-997-9956
investigations|klaymantoskes.com| |investigations|klaymantoskes.com

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Colorado Native Dr. Joshua Mares Joins the Colorado Advanced Orthopedics Team

Colorado Advanced Orthopedics - Meeker, CODr. Mares’ specialized expertise in hip and knee reconstruction enhances the patient services provided by the Western Slope’s premier orthopedics clinic.At Pioneers Medical Center, we continuously strive to elevate care for our rural Colorado communities. ”— Liz Sellers, Chief Executive Officer of Pioneers Medical CenterMEEKER, CO, UNITED STATES, August 21, 2025 /EINPresswire.com/ -- MEEKER, CO – August 20, 2025 – Colorado Advanced Orthopedics, Sports Medicine and Spine (CAO) is proud to announce the addition of Dr. Joshua Mares to its distinguished team of fellowship-trained specialists. A Colorado native, Dr. Mares specializes in adult hip and knee reconstruction, with advanced expertise in complex joint replacement surgeries. His practice emphasizes a patient-centered, relationship-driven approach that prioritizes both surgical excellence and the overall wellness of each individual.“At Pioneers Medical Center, we continuously strive to elevate care for our rural Colorado communities. Dr. Mares’s arrival strengthens our commitment to providing advanced orthopedic services right here at home. His expertise and dedication align perfectly with our mission to deliver compassionate, high-quality care,” said Liz Sellers, Chief Executive Officer of Pioneers Medical Center.Dr. Mares completed his fellowship in adult reconstruction at Ortho San Antonio, following a five-year orthopedic surgery residency at the University of Colorado, where he served as chief resident. He earned his medical degree from the University of Colorado School of Medicine and holds a bachelor’s degree in biochemistry from Colorado College.“We’re proud to welcome Dr. Mares to the CAO team. His exceptional training, deep Colorado roots, and genuine commitment to personalized care make him an ideal addition to our practice,” said Dr. Kevin Borchard, Chief Surgical Officer at CAO. “Dr. Mares brings not only advanced surgical expertise but also a passion for treating the whole patient. That philosophy is at the heart of everything we do here.”Dr. Mares was raised in several communities across the state, including Denver, Aurora, Littleton, Sedalia, Fort Morgan, and Castle Rock. He brings a personal connection to the people and places he serves. His upbringing and early experiences instilled the values of hard work, perseverance, and craftsmanship, which guide his work as a surgeon today.Colorado Advanced Orthopedics remains committed to delivering exceptional patient care to rural communities on the Western Slope. With the addition of Dr. Mares, CAO continues to strengthen its mission of bringing advanced orthopedic expertise and compassionate care to the people of northwest Colorado.For more information or to schedule an appointment with Dr. Mares, visit https://www.coloradoadvancedorthopedics.com. About Colorado Advanced Orthopedics, Sports Medicine & SpineColorado Advanced Orthopedics, Sports Medicine & Spine is located in Meeker, which is located in the White River Valley of Northwest Colorado. Their team of Fellowship-trained orthopedic surgeons perform procedures with the same clinical techniques, superb implant quality, high quality of surgical efficiency, and surgeon academic training and background you would find in the largest of metropolitan hospitals. Colorado Advanced Orthopedics’ team is committed to delivering exceptional levels of care that enable patients to celebrate and enjoy life to its fullest.Website: https://www.coloradoadvancedorthopedics.com
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