Soreide Law Group has been contacted by investors who were recommended purchasing Passco Palm Desert, LLC by their broker/dealers and suffered significant financial losses.  Soreide Law Group is currently investigating recommendations to clients by CHAY THOMAS LAPIN (CHAY T LAPIN, CHAY LAPIN) registered as a broker with FNEX CAPITAL, LLC of Torrance, California, since 1/23/2022. Before […]

Recently Passco Palm Desert issued K-1’s to their investors for Cancellation of Debt Income. This tax bill will be in addition to the losses suffered by the investors for the failed Passco Palm Desert Investment. When canceled debt is taxable: If you do not qualify for an exception or exclusion, you must report the canceled […]

Matthew Douglas McFarland (Matt McFarland, Matthew D McFarland) is currently registered as a broker with FNEX CAPITAL, LLC of Torrence, California since 1/23/2022. Matthew D McFarland was formerly registered as a broker with GROWTH CAPITAL SERVICES INC of Claymont, Delaware from 07/23/2020 - 01/14/2022, and WEALTHFORGE SECURITIES LLC of Torrence, California, from 11/22/2017 - 07/28/2020. […]

BRION PATRICK HARRIS (BRION P HARRIS) is currently listed a broker with CETERA WEALTH SERVICES, LLC, of Annapolis, Maryland since 9/20/2019 and as an investment advisor since 6/29/2023 with CETERA INVESTMENT ADVISERS LLC of Annapolis, Maryland. Harris was previously listed with SUMMIT FINANCIAL GROUP INC of Annapolis, Maryland as an investment advisor from 10/16/2013 - […]

JOSE A QUINONES (JOSE ANTHONY QUINONES JR, TONY QUINONES JR, TONY QUINONES) has been permanently barred by FINRA from acting as a broker or otherwise associating with a broker-dealer firm on 6/10/2025.  Quinones was registered as a broker with PFS INVESTMENTS INC of Kissimmee, Florida, from10/29/2014 - 12/31/2024. According to the FINRA report, without admitting […]

On August 14, 2025, the Financial Industry Regulatory Authority (FINRA) ordered PFS INVESTMENTS INC to pay restitution to customers who paid excessive fees. The firm was censured and ordered to pay $710,738.55 plus interest in restitution to the affected customers. According to the FINRA report, without admitting or denying FINRA’s findings, PFS INVESTMENTS INC consented […]

CAROL LYNN ABDO-BROWNSBERGER (CAROL L ABDO-BROWNSBERGER, CAROL LYNN ABDO) was fined and suspended by FINRA over allegations about her involvement in a foundation that received a $675,000 bequest from a deceased client’s estate, according to a recent article in Advisor Hub. She was listed with WELLS FARGO CLEARING SERVICES LLC of Daytona Beach, Florida from […]

ROBERT ALLEN MOORE JR (ROBERT A MOORE) has been registered as a broker with J. ALDEN ASSOCIATES, INC. of Wayne, Pennsylvania, since 7/6/2022 and as an investment advisor with PINE VALLEY INVESTMENTS of Marlton, New Jersey since 4/1/2016. According to BrokerCheck, available to the public on FINRA’s website, ROBERT A MOORE has 24 years of […]

Soreide Law Group, based In South Florida, has been contacted by investors who purchased high-risk, illiquid, alternative investments and suffered losses.  It has been brought to our attention that broker, RODGER ERIK THOMAS (ROD THOMAS, RODGER E THOMAS, RODGER THOMAS) currently registered with NEWBRIDGE SECURITIES CORPORATION of Boca Raton, Florida, may have recommended GWG L […]