Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: HENNION & WALSH, INC. The Claimants, a married couple from New Jersey, were referred to HENNION & WALSH broker, Joseph Ismael Rodriguez (“Rodriguez”), CRD# 3093506, in 2012. The lawsuit alleges that the Claimants told Rodriguez that their investment objectives were […]

The Securities and Exchange Commission (SEC) has obtained a final judgement by default against former broker, DEMITRIOS HALLAS (CRD#: 4199832).  The SEC charged Hallas with "knowingly or recklessly trading unsuitable investment products" in the accounts of five of his clients and allegedly stealing more than $170,000 from one of them.  The SEC alleges Hallas deposited […]

Exelon Corp. announced on November 7, 2017, that its Texas subsidiary ExGen Texas Power (EGTP) Holdings LLC and ExGen Texas Power LLC filed for Chapter 11 bankruptcy with hopes of reducing debt at the companies. Exelon Corp has hired a debt restructuring adviser to help evaluate options for its merchant power plant subsidiary ExGen Texas Power LLC. The move comes […]

Soreide Law Group, based in Pompano Beach, Florida, obtained the following information from FINRA’s BrokerCheck, available to the public on FINRA’s website, concerning former West Palm Beach, Florida broker: LISA J LOWI (Also Known As:  LISA JACQUELINE LOWI, LISA LOWI, LISA JACQUELINE VINEBERG) CRD#: 1347790 On November 3, 2017, FINRA barred LISA J LOWI from […]

A recent article by Schwab discusses how Puerto Rico's Economy, since the hurricane, is now going from bad to worse. Some of the reasons outlined in the article were:  Puerto Rico’s debt restructuring process will take longer which will result in lower recovery values less than originally expected.  Schwab does not feel that Puerto Rico’s […]

Did your broker or financial advisor recommend investing  in Adageo Energy Partners LP?  Soreide Law Group may be able to recover your losses through a FINRA arbitration. FINRA requires broker/dealers to conduct due diligence and suitability when recommending securities to their clients. Broker/dealers that fail to conduct adequate due diligence, or make unsuitable recommendations, taking […]

Soreide Law Group obtained the following information on FINRA’s website, which is available to the public, in the October 2017 Disciplinary Report on the following firm: FSC Securities Corporation (CRD #7461, Atlanta, Georgia) was censured, fined $100,000, and ordered to pay $492,485.33 in restitution to clients by FINRA for allegedly executing approximately 6,500 purchases of […]

Did your financial advisor/broker recommend Forest Oil Senior Unsecured Notes? If so, you may have a claim for the sale of this high-risk debt. Forest Oil Corporation (NYSE: FST) purchased up to $700 million aggregate principal amount of its 7.50% Senior Notes due 2020 and its 7.25% Senior Notes due 2019. The Notes are subject […]

LPL FINANCIAL LLC has been ordered by the state of North Carolina to pay $25,000 in fines, and to reimburse the state of North Carolina $270,000 for the cost it took to investigate a $1.4 million Ponzi scheme orchestrated by one of their registered representatives:  CHARLES CALEB FACKRELL CRD#: 5369665 from Booneville, North Carolina. Fackrell […]