Soreide Law Group, based in Ft. Lauderdale, Florida, is currently investigating Oriental Financial Services Corp., which operates as a subsidiary of Oriental Financial Group Inc., on behalf of clients who have suffered losses in the risky Puerto Rican municipal bond funds. Oriental Financial is headquartered in San Juan, Puerto Rico. They offer financial services in Puerto Rico and Florida. The Oriental Financial Group has over 520 employees.
Puerto Rican bond investors have suffered substantial losses due to the high risk of default by the bond issuers. Bond investors need to be aware that in addition to the credit risk associated with the bonds recommended by Oriental Financial Services, those investors with longer term maturities also have substantial interest rate risk.
The Financial Industry Regulatory Authority, FINRA, is actively recruiting more arbitrators in Puerto Rico to handle the high number of cases that are being filed. FINRA can also send arbitrators from Florida or other nearby states.
Soreide Law Group, and attorney Lars Soreide, are actively filing cases against broker/dealers for the substantial losses sustained by Puerto Rican bond investments. Call (888) 760-6552, for a free consultation if you invested in Puerto Rico Bond Funds.
Soreide Law Group is investigating potential investor claims involving sales practice violations by securities brokers and financial advisors related specifically to Next Level Holdings LLC and its affiliated Yield Wealth investment products. These offerings—including Next Level Notes and Yield Term Deposits—were promoted as high-yield, income-generating investments with purported principal protection. However, significant adverse information has […]
Investors have reportedly disputed the sales practices of securities broker David Robert McCain [CRD: 2039283, Johnson City, Tennessee], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. McCain worked for Woodbury Financial Services Inc. from September 4, 2009, to January 19, 2024, Osaic Wealth Inc. from January 19, 2024, to August 22, 2024, and […]
Investors apparently complained about securities broker Ian Christopher McElreath [CRD: 4754189, Atlanta, Georgia], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. McElreath worked for Ameritas Investment Company LLC from November 26, 2019, to April 6, 2021; 20/20 Capital Management, Inc from January 17, 2020, to April 20, 2021; Emerson Equity […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com