Latest Securities Lawyer News

Brian Nelson (CRD #5065593) settled a customer dispute naming Emerson Equity for $136,944, according to his BrokerCheck report. The claim, filed June 9, 2025 under docket number 25-01170, alleged violation of federal securities laws, violations of the California Securities laws, California unfair, unlawful, and fraudulent business practices, breach of contract, common law fraud, breach of fiduciary duty, negligence and gross negligence. BrokerCheck shows it settled on September 23, 2026.

Richard Depalma is a registered representative with CRD number 4517536, according to BrokerCheck. BrokerCheck shows four settled customer disputes tied to Depalma's association with Centaurus Financial. The disclosures span from April 2023 to July 2025 and involve allegations of unsuitable, high-risk, or illiquid investment recommendations.

Daniel Lerner, named on BrokerCheck as Daniel Todd Lerner (CRD 1255769), settled a customer dispute on September 10, 2026 for $145,762, BrokerCheck shows. The customer alleged unsuitability, misrepresentation, and omission in a claim naming David Lerner Associates.

Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: NEWBRIDGE SECURITIES CORPORATION. and their former registered representative, WILLIAM LAPIANA. WILLIAM LAPIANA (BILL LAPIANA) was registered both as a broker and as an investment advisor with NEWBRIDGE SECURITIES of New York, NY from 02/13/2009 - 06/25/2024. BILL LAPIANA is currently […]

Soreide Law Group is investigating potential investor claims involving financial advisors and securities brokers who recommended CIM Real Estate Finance Trust, formerly known as Cole Credit Property Trust IV. CMFT was sold as a non-traded REIT, but a 2026 restructuring ended its REIT status and substantially altered investors’ ownership, income, tax, and liquidity expectations. Investors […]

Soreide Law Group is investigating potential investor claims involving brokers and financial advisors who recommended EcoVest Capital syndicated conservation easement investments. These private placements were designed to acquire land, donate development restrictions, and allocate charitable tax deductions to investors. Investors should know about federal allegations concerning inflated appraisals, IRS challenges, penalties, illiquidity, commissions, and potential […]

Soreide Law Group is investigating potential investor claims involving brokers and financial advisors who recommended Procaccianti Hotel REIT Inc. This non-traded real estate investment trust owns a small hotel portfolio and was offered as a long-term, illiquid investment without a public trading market or guaranteed liquidity event. Recent valuation declines, continuing adviser fees, operating losses, […]

Soreide Law Group is investigating potential investor claims involving Harlan Mountain Investments LLC and possible sales practice violations by the securities brokers and financial advisors who recommended it. Harlan Mountain Investments was an unregistered, real estate-related private placement offering that sought approximately $11.7 million from investors. Public information raises concerns regarding the offering’s substantial commissions, […]

FINRA arbitration vs FINRA complaint: one reports broker misconduct to the regulator, the other is how investors seek recovery of investment losses.