Securities Lawyer Blog | Victim of Fraud?

TAG | stock loss lawyer

May/13

3

Did You Experience Losses With Any of These Stocks?

Soreide Law Group, PLLC, is committed to helping victims recover investment losses due to fraudulent or negligent conduct on behalf of their broker or financial advisors. We are able to represent investors nationwide in the handling of their securities arbitration claims. Our practice focuses on recovering investment losses due to stockbroker negligence or securities fraud. The following stocks have an overall sell rating. If you lost more than $50,000 in any of these stocks that your BROKER RECOMMENDED, call for a free consultation with an attorney at: 888-760-6552.

ACI Arch Coal Inc $1.0B Energy Oil, Gas & Consumable Fuels 2.45% +1.7
ACTG Acacia Research Corp $1.2B Industrials Professional Services 2.12% +1.1
AMD Advanced Micro Devices, Inc. $2.4B Information Technology Semiconductors & Semiconductor Equipment — +2.2
AMRN Amarin Corporation plc (ADR) $1.0B Health Care Biotechnology — +1.5
ANR Alpha Natural Resources, Inc. $1.6B Energy Oil, Gas & Consumable Fuels — +1.7
APOL Apollo Group Inc $2.0B Consumer Discretionary Diversified Consumer Services — +0.3
ATI Allegheny Technologies Incorporated $2.8B Materials Metals & Mining 2.77% +1.8
AU AngloGold Ashanti Limited (ADR) $7.3B Materials Metals & Mining 1.84% +0.5
AUQ AuRico Gold Inc $1.2B Materials Metals & Mining 3.21% +0.9
BVN Compania de Minas Buenaventura SA (ADR) $5.5B Materials Metals & Mining 2.44% +0.6
CLF Cliffs Natural Resources Inc $2.9B Materials Metals & Mining 2.95% +2.3
EGO Eldorado Gold Corp (USA) $5.4B Materials Metals & Mining 1.87% +0.5
FFIV F5 Networks, Inc. $5.9B Information Technology Communications Equipment — +1.3
GRPN Groupon Inc $3.9B Consumer Discretionary Internet & Catalog Retail — —
HK Halcon Resources Corp $2.1B Energy Oil, Gas & Consumable Fuels — +1.8
HMY Harmony Gold Mining Co. (ADR) $2.1B Materials Metals & Mining 2.34% +0.2
IAG IAMGOLD Corporation (USA) $2.1B Materials Metals & Mining 4.56% +0.5
JCP J.C. Penney Company, Inc. $3.7B Consumer Discretionary Multiline Retail — +1.8
KCG Knight Capital Group Inc. $1.3B Financials Capital Markets — +0.2
KGC Kinross Gold Corporation (USA) $6.1B Materials Metals & Mining 2.98% +0.5
MCP Molycorp Inc $1.1B Materials Metals & Mining — —
MTL Mechel OAO (ADR) $1.6B Materials Metals & Mining 6.41% +2.9
NFX Newfield Exploration Co. $3.0B Energy Oil, Gas & Consumable Fuels — +1.4
OIBR Oi SA (ADR) $2.6B Telecommunication Services Diversified Telecommunication Services 13.07% +1.2
PGH Pengrowth Energy Corp (USA) $2.6B Energy Oil, Gas & Consumable Fuels 9.39% +1.4
PWE Penn West Petroleum Ltd (USA) $4.5B Energy Oil, Gas & Consumable Fuels 11.72% +1.4
QSII Quality Systems, Inc. $1.1B Health Care Health Care Technology 3.94% +0.7
RENN Renren Inc $1.0B Information Technology Internet Software & Services — —
SHCAY Sharp Corporation (ADR) $3.9B Consumer Discretionary Household Durables — +1.0
SID Companhia Siderurgica Nacional (ADR) $5.7B Materials Metals & Mining 2.55% +1.8
TIBX Tibco Software Inc. $3.2B Information Technology Software — +1.4
TROX Tronox Ltd $2.3B Materials Chemicals 4.92% —
VVUS VIVUS, Inc. $1.3B Health Care Pharmaceuticals — +1.2
WLT Walter Energy, Inc. $1.1B Materials Metals & Mining 2.83% +1.9
X United States Steel Corporation $2.5B Materials Metals & Mining 1.16% +2.3
YZC Yanzhou Coal Mining Co Ltd (ADR) $2.0B Energy Oil, Gas & Consumable Fuels 8.72% +2.2
ZNGA Zynga Inc $2.5B Information Technology Software —

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May/13

1

Did Your Broker Recommend Investing In Chinese Internet Companies?

Unfortunately, the investors in the large Chinese Internet companies, especially in the past two years, have lost a major part of their investments. Baidu (BIDU), is down 40 percent, Sina (SINA) down 60 percent, and Renren (RENN) down 85 percent. The once popular investments are now finding a huge decline.

The decline can be attributed in part to a sluggish performance of the Chinese market. However, Chinese Internet companies have their own specific problems. The majority of these companies suffer from a lack of profitability, and some have had problems with regulators both in China and the U.S.

If you have experienced financial losses due to your stockbroker or financial advisor’s recommendations in these and other Chinese Internet companies, call Soreide Law Group for a free consultation with an attorney at: 888-760-6552.

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Dec/12

12

Year End Investment Considerations for Individual Investors

The Financial Industry Regulatory Authority (FINRA), and the SEC’s Office of Investor Education and Advocacy,have issued a new Investor Alert called Year-End Investment Considerations for Individual Investors. This new alert provides individual investors with a few suggestions for year-end investment planning as the year draws to a close.

“The end of the year is a great time to take stock of your financial situation and make sure your investment plan is meeting your needs,” said Gerri Walsh, FINRA’s Vice President for Investor Education. “Taking some time to carefully manage your investment portfolio can pay dividends in the coming year.”

The Year-End Investment Considerations outlines five areas investors should focus on when making decisions regarding their investments:

Consider Rebalancing. Some of your investments will grow faster than others. Rebalancing your investments will allow you to adjust your investment portfolio so not to overemphasize one or more asset categories.

Asset Allocation. The end of the year is a time to review your overall investment portfolio and evaluate your existing asset allocation.

Check Out Your Investment Professional. Many investors do not realize that they can check the background of a broker or investment adviser by using FINRA BrokerCheck or the Investment Adviser Public Disclosure (IAPD) website.

Tax Considerations. Investors interested in learning what impact tax rates, including potential changes in the tax laws, may have on their investments under different financial scenarios should consult their tax adviser or visit the IRS website.

Locate Your Financial Records. Prepare a list identifying your financial records, including a list of financial accounts and all user names and passwords.

Securities Lawyer, Lars Soreide, of Soreide Law Group, represents clients nationwide before FINRA. If you or a loved one have sustained investment losses due to your stock broker or financial advisor’s recommendations, call for a free consultation on how to potentially recover your losses through a FINRA arbitration. To speak with an attorney call 888-760-6552, or visit our website at: http://www.securitieslawyer.com.

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May/12

16

FINRA Fines and Suspends Harrison Hatzis, Hallandale, FL

The following information is from FINRA’s website under, “Disciplinary and Other FINRA Actions, May, 2012.”

Harrison A. Hatzis (CRD #2640978, Registered Principal, Hallandale, Florida)
 
was fined $30,000 and suspended from association with any FINRA member in any capacity for two years.
 
The NAC imposed the sanctions following appeal of an Office of Hearing Officers (OHO) decision. The sanctions were based on findings that Hatzis provided incomplete and inaccurate information concerning his firm’s application for FINRA membership and misled FINRA.
 

This ends the information from FINRA’s website.

Securities Lawyer, Lars K. Soreide, of Soreide Law Group, PLLC, has represented clients nationwide.
For a free consultation with an attorney, please call 888-760-6552, or visit our website at: www.securitieslawyer.com.

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