After months of speculation, troubled private investment manager GPB Capital Holdings said on Tuesday it was selling a top auto-dealership group for $880 million in cash. Specifically, GPB Automotive Portfolio, the private partnership with thousands of retail investors, said it ...

Federal prosecutors pursuing criminal charges against senior GPB Capital executives on Monday said they had interviewed an accountant and auditor for the private placement firm, potentially raising questions of whether those executives had used investor money for personal expenses. In ...

Investor complaints against brokers and financial advisers who sold private placements issued by GPB Capital Holdings have, until now, been far and few between, an unusual development in a case of the meltdown of a high-risk, high-priced product that has ...