Michael has over 20 years of experience representing individual and small business plaintiffs against the world’s large financial institutions, including Visa, Mastercard, and Chase.
Our law firm is investigating claims against Madison Avenue Securities broker, Jeffrey Dixson, for allegedly misleading investors. Dixson currently has customer disputes pending against him for failure to conduct due diligence, making unsuitable recommendations, and alleged misrepresentations and omissions in the sale of risky private placements such as GPB Capital.
If you invested with Jeffrey Dixson, you may have a claim. Speak with a securities lawyer today to learn more about your options.
Madison Avenue Securities Advisor Jeffrey Dixson Allegedly Sold Risky, Unsuitable Investments
Jeffrey Raymond Dixson was employed as a financial advisor with Madison Avenue Securities, LLC until December 2019. During his career with Madison Avenue he has been subject to eleven customer complaints, with eight of these complaints still pending, according to BrokerCheck by FINRA. Many of the claims listed on BrokerCheck request damage amounts of hundreds of thousands of dollars. At least three of these complaints are related to the sale of GPB Capital, and a few are alleging financial elder abuse, as stated by BrokerCheck.
Were you sold GPB Capital by Jeffrey Dixson?
Jeffrey Dixson allegedly sold his clients GPB Capital. Many GPB investors report remaining stuck in their GPB investments, and GPB Capital itself has admitted that its funds plummeted as much as 73% in value.
GPB has also suspended redemptions for many of its funds, including:
- GPB Automotive Portfolio
- GPB Holdings II
- GPB Holdings III
- GPB Holdings Qualified
- GPB Cold Storage
- GPB NYC Development
- GPB Waste Management Fund
If you invested in GPB Capital or any other risky investments with Jeffrey Dixson, you may have a claim for Financial Advisor Misconduct. Contact us to learn more about our Stockbroker and Financial Advisor Lawsuits.
GPB Investors Also in Bad REITs and Private Placements
We have heard reports that many GPB investors were also placed in other risky investments by their stockbrokers or financial advisors. These risky private placements include non-traded real estate investment trusts (REITs) and business development corps (BDCs).
A few of the risky investments commonly seen with GPB investors include:
- Northstar Healthcare Income
- Hospitality Investors Trust
- Benefit Street Partners Realty Trust
- Business Development Corporation of America
- FS Credit Real Estate Income Trust–I
- Cole Credit Property Trust III (“CCPT III”)
- New York City REIT
- Phillips Edison & Co. REIT
- Healthcare Trust, Inc. REIT
- Steadfast Income and Apartment REITs
Many investors in the funds listed above are reportedly stuck in their non-traded REITs.
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