Soreide Law Group is investigating potential claims against John Thomas Financial. John Thomas Financial raised approximately $5,000,000 as the lead underwriter for America West. Certain investors were advised that within approximately six months the private placement shares would convert to publicly traded stock and all the investors would realize short-term profits. Instead, investors have suffered a complete loss in the investment.
Unbeknownst to these investors, in October 2008, John Thomas Financial acquired 15,000,000 warrants, and 5,000,000 options on America West. John Thomas Financial and certain officers of the company are being investigated by FINRA regarding the firm’s dealings in America West.
If you have suffered in the America West private placement, you may have a potential claim for recovery. Call Soreide Law Group for a free consultation with an attorney: 888-760-6552
Investors potentially experienced sales practice violations by securities broker James Ward Margraf (also known as Jim Margraf) [CRD: 6517554, Springfield, Missouri], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. James Margraf worked for Center Street Securities Inc. from August 22, 2016, to December 1, 2023. See the following information to discover more about […]
Investors might have suffered losses due to securities broker Michael Joseph Kelley [CRD: 1021878, Winter Park, Florida], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Kelley worked for LPL Financial LLC from September 8, 2009, to the present and Charter Advisory Corporation from September 30, 1999, to the present. See […]
Investors potentially incurred losses because of securities broker Eric Lee Diamond (also known as Rick Diamond) [CRD: 1602991, Wellington, Florida], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Eric Diamond worked for Fidelity Brokerage Services LLC from January 10, 2007, to the present, and Strategic Advisers LLC from March 31, 2025, to […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com