Michael Mendenhall (CRD #496391) a former broker with Colorado Financial Service Corporation and UVest Financial Services Group, Inc., was convicted of 25 counts of securities fraud and theft involving elderly victims, and sentenced to 30 years in prison and more than $1.4 million in restitution fees in Denver District Court. The Denver District Court Judge […]

Soreide Law Group is currently investigating the UBS Willow Fund. The allegations by clients involve unsuitability, misrepresentation and omission, breach of fiduciary duty, negligence, and failure to supervise. In 2000 UBS and Bond Street Capital formed the UBS Willow Fund, a hedge fund offered and sold by UBS to investors as a distressed debt fund. […]

The Securities and Exchange Commission (SEC), announced recently that they charged the CEO of Chicago-based investment advisory firm Simran Capital Management with lying to the California Public Employees' Retirement System (CalPERS) and other current and potential clients about the amount of money managed by the firm. On the SEC website it was reported that institutional […]

The SEC brought proceedings that arise out of a failure reasonably to supervise three registered representatives (the “Registered Representatives”) with a view to preventing and detecting their violations of federal securities laws by JP Turner. Between January 1, 2008 and December 31, 2009 (the “relevant period”), for the purpose of generating commission business, these registered […]

Soreide Law Group is investigating claims on behalf of former customers of stock broker Robert E. Waite. Robert Waite was formerly registered with Robert W. Baird & Co. and Wells Fargo Advisors (formerly Wachovia) in Chicago. Soreide Law Group has been contacted by investors who have suffered significant investment losses with former broker Robert Waite […]

Soreide Law Group is investigating claims on behalf of Wells Fargo Advisors, LLC, investors that suffered losses in inverse and leveraged ETFs (Exchange Traded Funds) with former Wells Fargo broker and branch manager, Michael E. French, in Colchester, Vermont. According to Mr. French's CRD, he was discharged in August, 2011, for violating firm policy by […]

In April, 2013, FINRA filed a complaint against broker David Mickelson, alleging that he established and operated the Micro Pipe Fund. Mickelson owned Micro Pipe Capital Management, LLC, and Mickelson Investment Management, LLC, which managed the fund. FINRA alleges that David Mickelson solicited investments in the fund and was in violation of FINRA rules which […]

Success Trade Securities, Inc., sold $18 million in STI promissory notes to their clients, most of whom are current or former NFL and NBA players. These promissory notes were unregistered securities. The STI promissory notes were allegedly part of a Ponzi scheme by Success Trade, and it's brokers, Faud Ahmed and Jinesh Pravin "Hodge" Brahmbhatt, […]

Currently, the Soreide Law Group is investigating the Mariner Access Fund and Mariner 2X Access Fund which were sold by Merrill Lynch Pierce, Fenner & Smith, Inc. Merrill Lynch raised hundreds of millions of dollars from investors in private sales to its clients. Investors in these funds have experienced huge losses in their investments, in […]