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Hospitality Investors Trust

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U4 Expungement

GPB Capital Holdings has also been named in a class action lawsuit and other investigations. Investors have filed a class action lawsuit in the Western District of Texas that alleges violations of federal securities laws by GPB Capital Holdings, Ascendant Capital, and the Brokerage Firms. The amended prospective class action the investors claimed that “astronomical fees and undisclosed conflicts of interest undermined buyers of GPB Capital private placements from the start." For more details, visit online: Hospitality Investors Trust

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U4 Expungement
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