In a recent article from InvestmentNews, Bruce Kelly writes that GWG Holdings Inc. filed for chapter 11 bankruptcy protection almost three years ago and investors who bought $1.6 billion in GWG L bonds have now been offered pennies on the dollar in a settlement proposal made in March. Beneficient, a platform for illiquid alternative investments that […]

Soreide Law Group has filed a FINRA arbitration on behalf of their clients (Claimants) against: NEWBRIDGE SECURITIES CORPORATION and their former registered representative, DEAN ROBERT NOWAK (DEAN R NOWAK). (Respondents) The Claimants are both in their sixties and living in Florida. In 2019, the Claimants attended a retirement seminar hosted by NEWBRIDGE broker, DEAN R […]

SCOTT CHRISTOPHER JACKSON (SCOTT C JACKSON, SCOTT JACKSON) has been registered as a broker with J.W. COLE FINANCIAL, INC of Tampa, Florida, since 10/1/2014 and as an investment advisor with J.W. COLE ADVISORS, INC of Tampa, Florida since 10/2/2014. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, SCOTT C JACKSON has been […]

KEVIN MARSHALL MCCALLUM (KEVIN M MCCALLUM) was previously registered both as a broker and as an investment advisor. The last firm he was with was LPL FINANCIAL LLC in Birmingham, Alabama, from 05/24/2012 - 07/05/2019. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, KEVIN M MCCALLUM was in the securities industry for […]

Investors reportedly may have incurred losses due to securities broker Stephen Herman Wedel (also known as Steve Wedel) [CRD: 1221992, Naples, Florida], according to disclosures on FINRA BrokerCheck. According to the regulator, Wedel has worked for Private Client Services LLC since June 4, 2018, and RFG Advisory LLC since August 11, 2014. Previously, he worked […]

Soreide Law Group has been contacted by investors who purchased GWG L Bonds from CENTAURUS FINANCIAL of Lexington, South Carolina, broker, ATUL MAKHARIA. GWG Holdings, Inc. filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court on April 20, 2022. Many investors, often elderly and retired, were not made aware of the true […]

When navigating the complex world of securities transactions, one critical document often flies under the radar—but it shouldn’t: the legal opinion letter. Whether you're a startup founder, an angel investor, or a shareholder in a public company, understanding the role of legal opinion letters—particularly under Rule 144 of the Securities Act—is key to successfully and […]

Investors apparently complained about securities broker Edward Terral Hill (also known as Ed Hill) [CRD: 6008804, West End, North Carolina], according to disclosures on FINRA BrokerCheck. According to the regulator, Edward Hill has worked for LPL Financial LLC in North Carolina since March 1, 2018. Previously, he worked for Edward Jones from January 27, 2012, […]

Investors might have sustained losses due to securities broker Phillip Chien-Cheng Kao [CRD: 4654233, San Rafael, California], according to disclosures on FINRA BrokerCheck. Evidently, Kao worked for Portsmouth Financial Services from August 2, 2021, to December 31, 2024, and Woodbury Financial Services Inc. from September 4, 2015, to August 4, 2021. He is currently registered […]