Swamped by legal costs, broker-dealer files for bankruptcy protection
Atlanta-based Kalos Capital has been crushed by more than $9 million in legal fees and costs related to sales of GPB private placements.
After a quarter century of business, Kalos Capital Inc., a midsize independent broker-dealer based in suburban Atlanta that has been a proponent of alternative investments for retail clients, is closing down, crushed by more than $9 million in legal fees and costs related to sales of GPB private pla
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