Soreide Law Group, based in Pompano Beach, Florida, obtained the following information from FINRA’s April 2018 Disciplinary Report on the following South Florida broker:  Jimmy Oswald Moscoso (CRD #2912265, Boca Raton, Florida) was barred by FINRA for allegedly converting an elderly client’s funds. FINRA’s findings stated that the elderly client agreed to invest $20,000 in […]

Soreide Law Group, based in Pompano Beach, Florida, obtained the following information from FINRA’s April 2018 Disciplinary Report on the Florida firm:  GWN Securities Inc. (CRD #128929, Palm Beach Gardens, Florida) FINRA censured the firm, fined them $100,000, ordered them to pay $72,715.82, plus interest, in restitution to clients, and required GWN Securities to submit […]

SCOTT NEWSHOLME (CRD#: 3062837), a 43 year-old Farmingdale, New Jersey former broker, pleaded guilty on April 12, 2018 in federal court to wire fraud, aggravated identity theft and preparing fraudulent tax returns.  According to the US Attorney’s office, this pertains to a long-running scheme to defraud investment clients out of millions of dollars, forging an […]

Soreide Law Group has been filing claims on behalf of investors in the now defunct Hard Rock Exploration, Inc. Soreide Law Group has successfully sued brokerage firms for selling this now defunct oil and gas investment, and also Hard Rock Partners 2011-A L.P. drilling programs, and other Hard Rock sponsored offerings. Hard Rock Exploration’s lender, Huntington […]

Soreide Law Group has filed a FINRA arbitration on behalf of their clients (Claimants) against the firm: J.J.B. HILLIARD, W.L. LYONS, LLC (Respondent) The Claimants, are members of the same family, who all had John Dunn Gordinier II, (“Gordinier”), CRD# 2363965, a registered representative of HILLIARD LYONS, as their representative for all accounts at issue. […]

Soreide Law Group has filed a FINRA arbitration, on behalf of our client (Claimant), against: AMERIPRISE FINANCIAL SERVICES, INC. (Respondent) The Claimants, a widow in her eighties living in New Jersey and her now deceased husband, were extremely conservative investors who invested primarily in tax free municipal bonds.  While at AMERIPRISE, they were with broker, […]

On April 2, 2018, FREDERICK DAVID HOLLOWAY (CRD#: 248814) was named a respondent in a FINRA complaint alleging that as the sole registered representative and owner of his member firm, Holloway & Associates Inc., he allegedly recommended that his clients exchange one deferred variable annuity contract (VA) for another without having a reasonable basis for […]

Soreide Law Group, based in Pompano Beach, Florida, has filed a FINRA arbitration on behalf of their client (Claimant) against the firm: HERBERT J. SIMS & CO., INC. (Respondent) The Claimant, who resides in Boca Raton, Florida, maintained investment accounts with HERBERT J. SIMS & CO., INC. The lawsuit alleges that the Claimant received investment […]

Soreide Law Group obtained the following information from FINRA’s March 2018 Disciplinary Report: Kevin John Jedlicka (CRD #2339602, White Hall, Maryland) was suspended by FINRA for six months, and due to Jedlicka’s financial status, no monetary sanction has been imposed. Jedlicka consented to the sanction and to the entry of findings that he allegedly engaged […]