The Soreide Law Group recently filed a FINRA arbitration on behalf of their client (Claimant) against FIRST DALLAS SECURITIES INCORPORATED and their registered representative, GARY M. BRADSHAW (CRD# 1389924). The Claimant, is a retired widow from Texas, whose husband passed away in 2008. The Claimant met FIRST DALLAS broker, BRADSHAW, through her now deceased mother […]

The Pompano Beach, Florida-based Soreide Law Group obtained the following information from the Financial Industry Regulatory Authority (FINRA) regarding two South Florida broker/dealers. Newbridge Securities Corp. and Shearson Financial Services LLC, both based in Boca Raton, Florida, were disciplined by FINRA. According to the FINRA report, Newbridge Securities Corp. allegedly failed to apply discounts to […]

According to the Financial Industry Regulatory Authority Inc. (FINRA), Caldwell International Securities Corp. (CISC), a Texas wealth management firm, will pay more than $2 million in fines and restitution, to settle charges that the broker-dealer’s senior management failed to supervise partner offices where brokers were allegedly churning client accounts. Caldwell International’s founder, Greg Caldwell, will […]

The Financial Industry Regulatory Authority Inc. (FINRA) filed a complaint August 25th. 2016, against ex-broker, CHRISTOPHER B. ARIOLA (CRD# 2957096) (Alternate Name: CHRISTOPHER BASILE ARIOLA).  Allegedly while working for Bay Mutual Financial, of Santa Monica, California, Ariola recommended that three elderly retirees invest a substantial portion of their retirement savings in gold and energy stocks […]

Ampio Pharmaceuticals AMPE Stock Losses Soreide Law Group is investigating potential claims versus Aegis Capital Corp regarding its sale of Ampio Pharmaceuticals stock to Aegis customers. Aegis was joint booking running manager for Ampio (AMPE) in July 2012 when the company sold additional stock to the public. On the day of the offering the stock […]

The Pompano Beach, Florida-based Soreide Law Group obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, August 2016.” DENNIS M. MERRITT (CRD# 1748115 Palm Harbor, Florida) was suspended by FINRA for four months and in light of Merritt’s financial status, no monetary sanction was imposed, due to allegations that Merritt participated […]

Florida-based Soreide Law Group obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, August 2016.” Sonia Giannetti (CRD #5922748, Coral Springs, Florida) was assessed a deferred fine of $10,000 and suspended by FINRA for two years for allegedly withholding documents in FINRA information requests, produced false and misleading responses to FINRA […]

The Florida-based Soreide Law Group obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, August 2016.” Newbridge Securities Corporation (CRD #104065, Boca Raton, Florida) was censured, fined $115,000 and required to pay $188,803.99 in restitution to their clients.. Newbridge Securities Corporation has paid full restitution, plus statutorily calculated interest, and provided […]

Dublin, Ohio, financial advisor, JON B. SCHMIDHAMMER (CRD# 1548931), 62, was indicted by a grand jury Monday, August 15, 2016, on one count of theft from a person in a protected class and unlawful securities practices. Schmidhammer is accused of allegedly stealing a half-million dollars from his elderly client’s account and is now facing two […]