According to a recent press release from the United States Attorney for the Western District of Wisconsin, David Swartz, 59, of Highland Park, Illinois was sentenced to 2 years in federal prison for wire fraud and assisting in the preparation of a false tax return. Swartz pleaded guilty to these charges on April 11, 2024. […]

CRAIG SHERMAN THISTLETHWAITE (CRAIG THISTLETHWAITE) a former Morgan Stanley of Perrysburg, Ohio, financial advisor, was suspended for 60 days and fined $5000.00 by FINRA over allegations that he exercised unauthorized discretion in clients' accounts and used an unapproved channel to communicate with a client. On July 24, 2024, without admitting or denying FINRA’s findings, CRAIG […]

Soreide Law Group has obtained a judgement on behalf of their client (Claimant) against: SW Financial, and their former registered representative, David Hilton Page (Respondents). The Claimant asserted the following causes of action: fraud; churning; negligence; misrepresentations; deception; breach of fiduciary duty; and negligent supervision. This was related to various securities. The Claimant requested compensatory […]

Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: AMERIPRISE FINANCIAL SERVICES, LLC, and their registered representative, NICHOLAS PAUL STAMATIS (Respondents). According to the lawsuit, the Claimants are a married couple, retired, and living in Tennessee. The Claimants were introduced to AMERIPRISE broker, NICHOLAS PAUL STAMATIS in approximately 2017. […]

Legal Entity Domestication refers to the process by which a company transfers its charter from one jurisdiction to another without interrupting its business operations. This contrasts with dissolving an entity and forming a new one; domestication aims to maintain the same legal entity while changing its jurisdiction of incorporation. What are the Common Reasons for […]

Investors might have sustained losses due to securities broker Roy Chuck Waugh [CRD: 2130562, Lawton, Oklahoma], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Roy Waugh joined Ameriprise Financial Services LLC on May 6, 1991. Here’s more about the securities broker’s disclosures. Ameriprise Financial Services Client Accused Waugh Of Beneficiary Change Issue […]

Soreide Law Group is currently investigating, JAMES P PELLETIERE (JAMES PAUL PELLETIERE JR, JAMES PAUL PELLETIERE) who was barred by FINRA, on October 4, 2023. He was previously registered as a broker with Pruco Securities, LLC of Downers Grove, Illinois, from 06/10/2019 to 10/31/2022 and before Pruco, Pelletiere was with MML Investors Services, LLC of […]

On June 11, 2024, the Financial Industry Regulatory Authority (FINRA), permanently barred ROSALINE ALAM (ROSALINE ALRACHID), a former broker with Pruco Securities of Claremont, California, for allegedly refusing to turn over documents related to her firing from the securities firm for allegedly misappropriating an elderly client’s funds. According to FINRA’s BrokerCheck, available to the public […]

Soreide Law Group has filed a FINRA arbitration on behalf of their client (Claimant) against: PFS INVESTMENTS, INC., and their former registered representative, MICHAEL ARCHIMEDE (Respondents). The Claimant is retired and living in Wisconsin.  The Claimant maintains accounts with PFS, and while MICHAEL ARCHIMEDE was with PFS, he was the Claimant’s broker. ARCHIMEDE was an […]