Soreide Law Group has filed a FINRA arbitration on behalf of their clients (Claimants) against: KALOS CAPITAL, INC. (Respondent).   The Claimants are a married couple living in Virginia.  According to the lawsuit, the Claimants met in 2016 with KALOS CAPITAL brokers, to discuss retirement planning. The Claimants were looking for a moderate risk investment […]

Suffer Investment Losses From CHRISTOPHER TOLMACS? Soreide Law Group is evaluating possible investor claims against Triad Advisors securities broker Christopher Tolmacs (CRD#: 4648724, Portage, Michigan). It appears from Tolmacs’ Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Report that he may have sold inappropriate and unsuitable alternative investments to clients. Furthermore, Tolmacs discloses three regulatory actions, one […]

DAVID SILBERG Sanctioned By Massachusetts Regulator Evidently, Massachusetts Securities Division issued a Consent Order on September 27, 2018, placing securities broker David Silberg (CRD#: 1970484, Melville, New York) on heightened supervision. The Division prohibited Silberg, who affiliated with Aegis Capital Corp. between 2010 and 2019, from soliciting investment purchases from clients for 5 years. Not […]

Soreide Law Group Investigating John Carroll Soreide Law Group is reviewing possible investor claims against Berthel Fisher Company Financial Services securities broker John Carroll (CRD#: 41769). Specifically, according to the securities broker’s FINRA BrokerCheck Report, three clients filed disputes against him, and two securities firms discharged him for bad behavior. Here’s more on the allegations […]

Did COLEMAN DEVLIN Sell You Unsuitable Investments? Soreide Law Group is investigating potential claims against Stifel, Nicolaus & Company, Incorporated securities broker Coleman Devlin (CRD#: 2317635, Atlanta, Georgia) on behalf of investors whose accounts Devlin potentially traded in an inappropriate and unsuitable manner. Namely, FINRA BrokerCheck shows that at least 18 investors filed disputes involving […]

INVESTOR ALERT! ALPINE SECURITIES CORPORATION Issued Cease and Desist The Financial Industry Regulatory Authority (“FINRA”) obtained a Cease and Desist Order against Alpine Securities Corporation in a proceeding dated August 5, 2019. Specifically, FINRA Ordered Alpine to cease and desist converting clients’ securities and funds, misusing their funds and making unauthorized transactions in their accounts, […]

SEC Bars Raymond James Broker Joel Burstein The Securities and Exchange Commission (“SEC”) announced that it barred Raymond James securities broker Joel Burstein (CRD#: 3257591, Coral Gables, FL) on September 20, 2018. Evidently, SEC accepted Burstein’s Offer of Settlement and issued an Order under File #: 3-18804. The Order comes after SEC filed a Complaint […]

A broker/dealer, FSC SECURITIES CORPORATION, which is in the Advisor Group, is facing a multi-million dollar arbitration claim by thirteen investors alleging that three of their brokers made unsuitable recommendations by over-concentrating the clients’ portfolios with high-commission, illiquid alternative investments. Many of the investors who filed the claim on July 23, 2019, with the Financial […]

On August 5, 2019, KAREN PAEK CRD#: 5985441, a former PRUCO SECURITIES of El Segundo, California, was barred by FINRA from acting as a broker or otherwise associating with a broker-dealer firm following allegations that Paek created, signed and submitted six fictitious variable annuity applications to meet her minimum production requirements at Pruco Securities. FINRA’s […]