MARC FREDERICK KORSCH (MARC F KORSCH, CRD#: 5525226), previously registered with Arkadios Capital (2021) and Centaurus Financial Inc. (2014 to 2021), both of Sarasota, Florida, was permanently barred by FINRA on December 1, 2021, according to FINRA’s BrokerCheck, because he failed to respond to FINRA’s requests for information. Soreide Law Group, based in Florida, is […]

On April 12, 2022, John Winslow (JOHN SCOTT WINSLOW, CRD#: 3071933), formerly with Edward Jones of Gig Harbor, Washington, was barred by the Financial Industry Regulatory Authority (FINRA) from acting as a broker or otherwise associating with a broker/dealer firm. Winslow was previously registered both as a broker and as an investment advisor. According to […]

The Florida-based, Soreide Law Group, has been contacted by investors who experienced losses through the purchase of GWG Holdings L Bonds.  These investors were clients of MICHAEL JOSEPH WHITAKER (CRD#: 6316100).  Whitaker, a broker/investment advisor is currently listed with NEWBRIDGE SECURITIES CORPORATION of THE VILLAGES, FLORIDA. GWG Holdings, Inc. (GWGH) is a financial services company […]

TONY BAROUTI (AHMAD AGHA BAROUTI, AHMAD BAROUTI, CRD#: 3031995), a broker currently registered with Emerson Equity LLC in Los Angeles, California, has investor complaints allegedly due to the sale of GWG L Bonds underwritten by GWG Holdings Inc.(GWGH), which has declared bankruptcy. According to a recent article in InvestmentNews, Emerson Equity, based in San Mateo, […]

On April 14, 2022, SHAWN EDWARD GOOD (SHAWN E GOOD, CRD#: 2022168) was barred by FINRA from acting as a broker or otherwise associating with a broker/dealer firm. Good was previously registered both as a broker and as an investment advisor. There was also a complaint filed against Good by the SEC on April 18, […]

On April 18, 2022, the Financial Industry Regulatory Authority (FINRA) barred: PHILIP ANTHONY RIPOSO (CRD#: 400056), formerly with  UNITED PLANNERS' FINANCIAL SERVICES OF AMERICA A LIMITED PARTNER of Cave Creek, Arizona. According to the FINRA report, without admitting or denying FINRA’s findings, PHILIP ANTHONY RIPOSO consented to the sanction and to the entry of findings […]

GWG Holdings, Inc. has filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Southern District of Texas on April 20, 2022. Due to the Chapter 11 bankruptcy filing, the payment obligations for the GWG L Bonds are stayed, which means that GWG L Bond investors will not receive any principal […]

High Yield Bond Fund Losses? Many high yield bond funds are underperforming the market by a wide margin and we are also in a rising rate environment which may hurt bond valuations further.  If you were sold risky bonds that were heavy on fees and inappropriate for your risk tolerance please give us a call.  […]

Dominion Portfolio Management Clients File Disputes About Broker Lance Walston Soreide Law Group comes to you with new information in regard to securities broker Lance Colby Walston (CRD#: 4440958, San Antonio, Texas). Evidently, Walston worked as a securities broker for Raymond James (2007 to 2009), LPL Financial (2009 to 2017), Dominion Portfolio Management Inc. (2017 […]