Nebraska residents who invested with GSB Gold Standard Corporation AG, GSB Gold Standard Pay Ltd., and affiliated GS Partners companies (collectively, “GS Partners”) may be eligible for a refund as a result of a settlement by the Nebraska Department of Banking and Finance with GS Partners and its owner, Joep Heit. The settlement resolves violations of the Securities Act of Nebraska for selling unregistered securities.
According to the settlement, GS Partners is required to notify investors by email immediately and work with a third-party claims administrator, AlixPartners LLP, to process the claims. Beginning Feb. 21, 2025, a secure portal provided by AlixPartners will be available for making claim submissions. Nebraska investors who invested assets with GS Partners may submit claims directly to AlixPartners, which will verify eligibility. More information and updates about the claims process is available at https://www.gsbsettlement.com.
All claims must be submitted by May 22, 2025. To ensure a smooth process, NDBF recommends claimants gather documentation including:
- Proof of identity (including name and address)
- Copies of documents submitted to GS Partners
- A copy of a valid national ID (license, passport, etc.)
- Email address, phone number, wallet IDs
- GSB Account ID or username
- Claim amount
- Proof of deposits, withdrawals, and other GSB transactions
This proposed settlement is a result of coordinated efforts through the North American Securities Administrators Association (NASAA). Contact the NDBF at (402) 271-2171 if you have questions.
