Soreide Law Group obtained the following information from FINRA’s website under, “Disciplinary and Other FINRA Actions, October 2016.” Caldwell International Securities Corporation (CRD #104323, Nassau, Bahamas), Greg Allen Caldwell (CRD #2816295, Austin, Texas) and Paul Joseph Jacobs (CRD #4658235, Austin, Texas) The firm was censured, fined $1,000,000, and required to pay $1,026,089.48 in restitution to […]

Former financial advisor, JOHN V. HEATH (CRD# 2331052), 45 years-old, from Edina, Minnesota, pleaded guilty this week to identity theft.  Heath admitted to cheating an elderly man out of more than $200,000. He agreed to a 41-month sentence, and will serve the first two-thirds in prison and the remainder on supervised release. According to the […]

The Florida-based, Soreide Law Group, obtained the following information from FINRA’s website under, “Disciplinary and Other FINRA Actions, September 2016.” ELLIOT HARRIS (CRD# 2496586), Delray Beach, Florida) was barred by FINRA for allegedly failing to provide FINRA with requested documents and information during the course of FINRA's investigation into allegations that he recommended unsuitable trades […]

The Florida-based Soreide Law Group obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, August 2016.” Arthur Espinoza (CRD #1344849, Port Saint Lucie, Florida) was barred by FINRA due to allegations that he engaged in an outside business activity without disclosing this activity to his member firm. FINRA’s findings stated that […]

Soreide Law Group (888-760-6552) obtained the following information from FINRA’s website under, “Disciplinary and Other FINRA Actions, July 2016.” Miguel Angel Hernandez (CRD #4733002, El Paso, Texas) was barred by FINRA for allegedly obtaining $25,000 in cash from an elderly client under false pretenses and converted those funds for personal use. FINRA’s findings stated that […]

CLAUS C. FOERSTER (CRD# 1912949), a 55 year-old former financial adviser with Raymond James and Associates of Greenville, SC, pleaded guilty to five counts of wire fraud on May 10, 2016 before a U.S. District Court Judge in Greenville.  Foerster faces up to 10 years in prison and a fine of $250,000 for each of […]

Soreide Law Group, (888) 760-6552, recently obtained the following information from FINRA's website under “Disciplinary and Other FINRA Actions, April, 2016.” Bahram Mirhashemi (CRD #2937037, Newport Coast, California) was barred by FINRA for allegedly churning clients accounts, engaging in excessive and unauthorized trading and making unsuitable recommendations to clients. Bahram Mirhashemi consistently spread mutual fund […]

Soreide Law Group continues to file several cases regarding the collapse of the oil and gas industry and the devastating losses our clients have endured.  We have filed many cases for our clients involving Linn Co, (LNCO). These clients have lost, at an alarming rate, nearly their entire life savings due to this plummeting energy […]

Soreide Law Group obtained the following from FINRA's Disciplinary Report, March, 2016. Michael B. Winegar (CRD #1232800, Salem, Oregon) Alternate Names: MIKE WINEGAR was barred by FINRA for allegedly converting $100,000 from an elderly client and using the funds to repay his family and personal debts, and to trade securities on his own behalf.  UPDATE: […]