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.
Investors may have suffered financial harm by securities broker David Jay Betman [CRD: 1380281, West Conshohocken, Pennsylvania], based on publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Betman has worked for Morgan Stanley since March 25, 2010, as a securities broker and since March 26, 2010, as a financial advisor. See the […]
Investors potentially experienced sales practice violations by securities broker Andrew Martz [CRD: 5118326, Southlake, Texas], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Andrew Martz worked for Western International Securities Inc. and Western International Securities from July 13, 2017, and July 14, 2017, respectively, through June 5, 2025, and has been registered with […]
Investors potentially incurred losses because of securities broker Richard Raymond Brown [CRD: 2541545, Valley Village, California], according to public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Brown worked for Lincoln Financial Advisors Corporation from December 19, 1997, to December 26, 2019, and has been associated with Arete Wealth Management LLC and Arete Wealth Advisors […]
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