Soreide Law Group, PLLC, has announced it's investigation into the Goldman Sachs Global Alpha Fund which was recently closed. According a New York Times article, Global Alpha was started in 1995 with just $10 million. Over time the results soared. At its peak in 2007, Global Alpha ran about $12 billion, although that number had dwindled to about $1 billion in the wake of a number of wrong bets. The fund was down about 12 percent in 2011. They then advised clients that the fund was closing. Goldman Sachs’s Global Alpha Fund was once the firm’s largest hedge fund. The Wall Street Journal said Global Alpha Fund had a far worse performance than other similar hedge funds. Hedge funds such as Global Alpha Fund, often use computer trading programs to trade quickly and move in and out of stocks, bonds, currencies and other assets, avoiding steep losses by quickly exiting losing positions. These hedge funds often use significant leverage, increasing substantial risks of loss from investing in such funds.
Securities Attorney, Lars Soreide, of Soreide Law, PLLC, has represented clients nationwide. If you or a family member experienced losses in Goldman Sach's Global Alpha Fund, call a Securities Arbitration Lawyer for a free consultation on how to potentially recover your losses. To speak with an attorney, call 888-760-6552, or visit www.securitieslawyer.com.
Soreide Law Group, PLLC., representing investors nationwide before FINRA the Financial Industry Regulatory Authority.
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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