Soreide Law Group is currently investigating the following structured securities products:
Credit Suisse X-Links Cushing MLP Infrastructure ETN (MLPN)
Credit Suisse Velocity Shares 3X Long Crude ETN (UWTI)
Credit Suisse Velocity Shares 3X Natural Gas ETN (VGAZ)
The Credit Suisse X-Links and Velocity Shares ETNs are very complex and risky for the conservative investor. These securities use embedded derivatives to enhance returns and track an index, commodity, or currency. Because they are speculative, highly leveraged, and complicated, these investments may not be suitable for the conservative investors or a client with retirement in mind.
It may have been possible that your broker overly concentrated your portfolio with these notes which were unsuitable for your investment goals. If you feel your broker or financial advisor misrepresented the risks Credit Suisse X-Links or Velocity Shares ETNs, or other highly speculative structured security notes, call Soreide Law Group for a no-cost consultation with a securities lawyer on the possibility of recovering your losses at: 888-760-6552.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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