In a recent article from Barron’s, it was reported that the Financial Industry Regulatory Authority (FINRA) took action against two brokers for their conduct related to communicating with clients through unauthorized text messages.  FINRA wants to ensure that all communications between clients and advisors must go through the appropriate channels. One of the brokers mentioned […]

According to a press release from the United States Department of Justice, on August 18, 2022, a Judge from the U.S. District Court for the District of South Carolina sentenced Scott Kohn, 68, of Newport, California, to 10 years in prison for his role as the mastermind of a nationwide Ponzi scheme, Future Income Payments […]

Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: DOMINION INVESTOR SERVICES, INC., and their registered representative, LANCE C WALSTON (Respondents). The Claimant is 58 years-old, self-employed, and living in Texas. The Claimant opened an account in 2017 with DOMINION INVESTOR SERVICES broker, LANCE COLBY WALSTON. The lawsuit states […]

The Pompano Beach based law firm, Soreide Law Group, has filed a lawsuit in the Financial Industry Regulatory Authority “FINRA” Arbitration forum Against PFS Investments, Inc., “PFS” and their former Financial Advisor Jerry Roman for Mr. Roman recommending to PFS customers to invest in MJ Capital Funding. PFS stands for Primerica Financial Services. The Pompano […]

Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: LPL FINANCIAL, LLC, and their registered representative,   Frederick W Arbusto (“Arbusto”) (Respondents).   The lawsuit alleges that the Claimant, who was a long time customer of LPL broker, Frederick W Arbusto, wanted their newly deposited money to generate bond […]

Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: ARQUE CAPITAL, LTD., and their former registered representative, RONALD LEE MCLEOD (Respondents). The Claimant was a retired resident of Florida who was looking for conservative investments that could generate stable income to sustain her through retirement without any risk of […]

ERIC SHEA HOLLIFIELD (ERIC S HOLLIFIELD CRD#: 3091319) formerly with LPL Financial of Dacula, Georgia, was permanently barred by the Financial Industry Regulatory Authority (FINRA) on October 7, 2021, following the allegations of, “Without admitting or denying the findings, Hollifield consented to the sanction and to the entry of findings that he refused to appear […]