Who is Jeffrey Dixson? | GPB Capital Lawsuit
Jeffrey Dixson (Jeff Dixson) was a registered broker with Madison Avenue Securities, LLC from 2007 to 2019. In 2007, the State of Washington, through the Office of the Insurance Commissioner, initiated a dispute with allegations that Jeffrey Dixon “sold variable annuities to Washington Residents that were not approved by the WA Office of the Insurance Commissioner (OIC).” Jeffrey Dixson had to pay a monetary fine as a result of this dispute. Dixson has been the subject of 13 other disclosures (all Customer Disputes), according to FINRA’s BrokerCheck.
Aside from past disputes with allegations of misrepresentation of investments, poor recommendations and poor advice, Jeffrey Dixson still has ten pending customer disputes. The allegations include “poor performance and unsuitable investments” and “negligence, professional negligence, violations of law, unsuitable recommendations, negligent supervision, breach of contract, breach of fiduciary duty and breach of securities industry rules and regulations.”
If you invested with Jeffrey Dixson of Madison Avenue Securities, LLC, you should contact Peiffer Wolf and Meyer Wilson immediately by calling 585-310-5140 or filling out a contact form for a FREE Consultation
Jeffrey Dixson – Broker
According to FINRA’s BrokerCheck, Jeffrey Dixson has been the subject of 14 disclosures, some of which include allegations of unsuitable recommendations that include GBP. Since 2019, multiple lawsuits have been filed and regulatory matters have been initiated alleging that GPB Capital Holdings has been engaged in wrongdoing. Most notably, former GPB Holdings operating partner, Patrick Dibre alleged that “losses occasioned by GPB were in fact caused by a very complicated and manipulative Ponzi scheme.” The claim further alleges that “GPB paid its investors significant returns based upon falsified financial information.” If you invested in any GPB Funds, contact Peiffer Wolf immediately.
Some of the more notable disclosures are as follows:
- August 2020 – Customer Dispute – Pending. Amount requested: $225,000. Allegations: “Unsuitable recommendations of alternative investments, including GPB and poor due diligence.”
- August 2020 – Customer Dispute – Pending. Amount requested: $100,000. Allegations: “Unsuitable recommendation of GPB and one other alternative.”
- May 2020 – Customer Dispute – Pending. Amount requested: $1,127,780. Allegations include “failure to conduct Due Diligence, unsuitable recommendation, over concentration, misrepresentations.”
- April 2020 – Customer Dispute – Pending. Amount requested: $500,000. Allegations include “failure to conduct Due Diligence, unsuitable recommendation, overconcentration, misrepresentations and omissions in violation of FINRA regulations in the sale of GPB.”
- March 2020 – Customer Dispute – Pending. Amount requested: $295,082. Allegations include “failure to conduct Due Diligence, unsuitable recommendation, overconcentration, misrepresentations and omissions in violation of FINRA regulations in the sale of GPB.”
- February 2020 – Customer Dispute – Pending. Amount requested: $100,000. Allegations include unsuitable alternative investments, “poor performance, lack of due diligence, elder abuse and failure to supervise. GPB was one of the investments claimant purchased.”
Concerning Products sold by Jeffrey Dixson include (but are not limited to):
- GPB
- Variable Annuities
- Hines Global
- LightStone
- Value Plus
- ARC REITs
- FS Energy & Power
- AFIN REITs
- Gemini Fund V
- Walton Land Fund
- BSP Realty
Prior to Madison Avenue Securities, Jeffrey Dixson was registered with WMA Securities, United Securities Alliance, Intersecurities, and Pacific West Securities.
If you invested with Jeffrey Dixson of Madison Avenue Securities, LLC, contact Peiffer Wolf and Meyer Wilson immediately by calling 585-310-5140 or filling out a contact form for a FREE Consultation.
To review Jeffrey Dixson’s BrokerCheck report, click here:
https://brokercheck.finra.org/individual/summary/4166311
*BrokerCheck is run by the Financial Industry Regulatory Authority, Inc. (FINRA)
Jeffrey Dixson and the GPB Lawsuit
Multiple lawsuits have been filed and multiple regulatory matters have been initiated, alleging that GPB Capital Holdings has been engaged in wrongdoing. A former GPB Holdings partner alleged that “GPB paid its investors significant returns based upon falsified financial information”. Our investigation into the various GPB private placement funds includes, but is not limited to:
- GPB Automotive Portfolio LP
- GPB Cold Storage LP
- GPB Eurobond Finance PLC
- GPB Holdings II LP
- GPB Holdings III LP
- GPB Holdings Qualified LP
- GPB Holdings LP
- GPB NYC Development LP
- GPB Scientific LLC
- GPB Waste Management LP
- GPB Waste Management Fund LP
Financial advisors (brokers) have a legal obligation and regulatory obligation to recommend only suitable investments that are appropriate for their individual clients. Their broker-dealer (employing brokerage firm) has a legal obligation and regulatory obligation to supervise the financial advisor’s sales practices and dealings with clients. To the extent that any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.
Now, we represent multiple clients of Jeffrey Dixson. Based on our experience, we believe that there are more investors who have been the victims of Jeffrey Dixson’s alleged broker misconduct and unsuitable investment advice. If you invested with Jeffrey Dixson of Madison Avenue Securities, you should contact Peiffer Wolf and Meyer Wilson immediately for a FREE Consultation.
Learn more about the GPB Investor Lawsuit here: https://gpblawyer.com/gpb-investor-lawsuit/
Peiffer Wolf and Meyer Wilson are currently investigating Jeffrey Dixson’s practices, as well as the products he recommended to individual investors. Concerns about possible broker misconduct and investment fraud are serious, and we are committed to fighting on behalf of investors. Contact Us Today for a FREE Consultation. 585-310-5140.
GPB Lawsuit | FREE Consultation | 585-310-5140
Peiffer Wolf and Meyer Wilson are currently investigating claims for anyone who has invested in any GPB Capital fund. If you or someone you know invested in any GPB Capital fund, Contact Us Today by calling 585-310-5140 or by filling out an online Contact Form for a FREE Consultation.
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