Soreide Law Group, (888) 760-6552, obtained the following summation of information from FINRA’s website under “Disciplinary and Other FINRA Actions, January, 2014.” Denise Ellen Roy Malin (CRD #3145027, Registered Principal, Grottoes, Virginia) was barred from association with any FINRA member in any capacity. Malin's customer opened variable annuity accounts and a mutual fund brokerage account […]

Soreide Law Group has been contacted by several Miami investors at FMS (First Miami Securities, Inc.) who were allegedly recommended to sell investment grade bonds with shorter-duration to purchase longer-duration lower-rated Puerto Rican bonds. Puerto Rican bond investors have suffered substantial losses due to the high risk of default by the bond issuers. Bond investors […]

Jesse C. Litvak, a bond trader for Jefferies & Company, Inc., New York, has been accused of deceiving clients in order to maximize his profits. The Court documents filed on Jan. 25, 2013 listed the charges against Jesse Litvak as securities fraud by deceiving buyers, major fraud against the United States and false statements to […]

Soreide Law Group, (888) 760-6552, has obtained the following summation of information from FINRA’s website under “Disciplinary and Other FINRA Actions, January, 2014.” Harry Shaw Hammond (CRD #2261856, Registered Principal, Sarasota, Florida) was fined $10,000 and suspended from association with any FINRA member in any capacity for 12 months. Hammond consented to the described sanctions […]

The following summation of information was obtained on FINRA’s website under “Disciplinary and Other FINRA Actions, January, 2014.” Keith Andrew Halsnik (CRD #5018189, Registered Representative, Bellefonte, Pennsylvania) was barred from association with any FINRA member in any capacity. According to FINRA's findings, Keith Halsnik failed to respond to FINRA’s initial requests for information and documents […]

The Soreide Law Group, (888) 760-6552, has obtained the following summation of information from FINRA’s website under “Disciplinary and Other FINRA Actions, January, 2014.” Lunick Jean Dorleus (CRD #5436401, Registered Representative, Greenacres, Florida) was suspended from association with any FINRA member in any capacity for nine months. Dorleus and others formed an investment club where […]

In a January 22, 2014, article in InvestmentNews, entitled, "Schorsch's pickup of J.P. Turner: "Such a bargain!" by Bruce Kelly, Securities Attorney, Lars Soreide, is quoted in the article referencing the claims his clients have had against JP Turner. The following is a passage directly from the article: "A review of J.P. Turner's roster of […]

David L. Cheviron, 61, a former financial advisor from Jackson Township, Ohio, was sentenced recently to 38 months in prison. Cheviron embezzled $442,072 from four of his clients. Not only was Cheviron ordered to pay the entire amount back to his clients, he was also ordered to pay $85,616 to the IRS. He pleaded guilty […]

The following summation of information was obtained on FINRA’s website under “Disciplinary and Other FINRA Actions, January, 2014.” Donald Richard Dahn (CRD #2172800, Registered Representative, Palm City, Florida) was barred from association with any FINRA member in any capacity. FINRA found that Dahn borrowed $27,100 from customers without repaying the loans. The money was represented […]