The Meridian Wealth Management Group, at Morgan Stanley, headed up by Michael J Wagner, CFP, as the executive director and Michael K Spector as a senior vice president, is located at 3280 Peachtree Rd NE, Suite 1900, Atlanta, Georgia. Some of the Meridian Group advisors have had several recent actions filed against them. One such […]

Attention investors who purchased stock symbol “GER” the “Goldman Sachs MLP Fund” before January 2020. GER was trading as high as $65 in 2018 and in 2020 crashed down to as low as $6.57. Despite oil and energy prices surging to new all time highs across the board the GER Goldman MLP fund currently only […]

The Financial Industry Regulatory Authority Inc. (FINRA) announced in a news release that it has ordered Joseph Stone Capital LLC to pay restitution of approximately $825,000 to clients whose accounts were excessively traded by the firm’s registered representatives. In related settlements, FINRA suspended eight current or former Joseph Stone representatives and required them to pay […]

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). Walston has been registered with this firm, located in San Antonio, Texas, since 8/18/2017. The Claimant, on or about 2017, along with his wife, opened accounts with DOMINION […]

Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: DH HILL SECURITIES, LLP (Respondent) The Claimant resides in North Carolina and claims to have limited investment experience.  The Claimant, according to the lawsuit wanted investments that would not be high-risk as nears retirement.  The lawsuit states that the Claimant […]

The Financial Industry Regulatory Authority (FINRA) fined and suspended a former Merrill Lynch of Mill Valley, California, broker/financial advisor who allegedly engaged in unauthorized trading in client accounts. Conrad K Branson, was with Merrill Lynch from 5/10/2013 - 06/22/2022.  According to a recent article in Financial Advisor IQ, Merrill Lynch filed a Form U5 termination […]

Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: AUSDAL FINANCIAL PARTNERS, INC., and their registered representative, BRIAN WAYNE NAPIER (Brian W Napier) (Respondents). The Claimants are retirees in their 80’s and according to the lawsuit, AUSDAL FINANCIAL PARTNERS’ broker, Brian W Napier, allegedly sold the Claimants $435,000 of […]

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 […]