Latest Securities Lawyer News

Kayne Anderson MLP (NYSE: KYN) has lost 57% in the past year. 52 week range:  10.10 - 35.02 Kayne Anderson MLP Investment Company is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It is co-managed by Kayne Anderson Capital Advisors, L.P.  Their principal business is to operate assets used […]

On Sunday, May 15, 2016, Breitburn Energy Partners LP (BBEP), filed for chapter 11 bankruptcy protection due to plummeting oil prices. Business operations will continue while Breitburn negotiates a restructuring and participates in talks with creditors in hopes of coming back to the market after the restructuring.  Investors in Breitburn Energy will be hit hard […]

CLAUS C. FOERSTER (CRD# 1912949), a 55 year-old former financial adviser with Raymond James and Associates of Greenville, SC, pleaded guilty to five counts of wire fraud on May 10, 2016 before a U.S. District Court Judge in Greenville.  Foerster faces up to 10 years in prison and a fine of $250,000 for each of […]

Soreide Law Group (888-760-6552) has been contacted by former clients of broker Jerry D. McCutchen, Sr., formerly with Berthel, Fisher & Compay of Mobile, Alabama.  We are actively investigating McCutchen and his recommendations of ATEL12, LLC and ATEL 14, LLC, and other high-risk private placements. JERRY D. MCCUTCHEN SR (CRD# 1076678) Alternate Names: JERRY DEWAYNE […]

Soreide Law Group is conducting an investigation on behalf of their clients into Aequitas Management, LLC (the company) and other Aequitas related companies which occurred between January of 2014 through January of 2016. If your broker or financial advisor recommended these private note investments, call 888-760-6552. The U.S. Securities and Exchange Commission (SEC) sued the […]

Soreide Law Group (888-760-6552) obtained the following information on FINRA’s website listed under, “Disciplinary and Other FINRA Actions, April 2016.” William Wesley Marshall (CRD #3267723, Frisco, Texas) was fined $10,000 and suspended by FINRA for 15 months for allegedly participating in the sale of $1.72 million of privately-issued preferred stock without having provided prior written […]

The Securities and Exchange Commission is running a new ad campaign targeting seniors encouraging them to look up their financial advisor before they invest. Unfortunately, more often than not the check up on the broker happens after money is already invested or even worse lost. The Financial Industry Regulatory Authority or “FINRA” has also marketed […]

The South Florida based law firm, Soreide Law Group, obtained the following summary of information from FINRA's website under, "Disciplinary and Other FINRA Actions, April 2016." CHRISTOPHER B. KELLY (CRD# 2306054, Jupiter, Florida) was assessed a deferred fine of $10,000 and suspended by FINRA for four months for allegedly borrowing $150,000 from clients which is […]

South Florida-based Soreide Law Group, (888) 760-6552, obtained the following information from FINRA's website under “Disciplinary and Other FINRA Actions, April, 2016.” Stuart Horowitz (CRD #2795019, Coral Springs, Florida) was assessed a deferred fine of $100,000 and suspended by FINRA for one year for allegedly recommending and engaging in unsuitable trading in preferred notes of […]