How do I know if my broker is liable for my losses?

First, you need to decide if your loss is attributable to a 'Market Loss' (the same decline as the general market percentage) or is something greater. Suitability is also important as a deciding factor because a retiree, for example, should not be in risky investments. Further, failing to limit losses and excessive trading is also something that could lead to broker liability. Additionally, you may have a case based on misrepresentations and excessive leverage. There are many more ways you could have a claim besides what is mentioned here. If you have any questions please feel free to call Lars Soreide to discuss your case.

How to choose an attorney?

You should choose an attorney based on reputation, experience, past awards, responsiveness, and trust. If you have questions for Lars Soreide, Esq., he can discuss similar cases and what he has done to induce settlements and awards.

There is no fee if no recovery at Soreide Law Group. In addition, there are nominal forum fees for FINRA depending on your loss. However, there may be nominal travel expenses that come out of the settlement/award. If you have any concerns about fees please discuss them with us.

What is the Financial Industry Regulatory Authority (FINRA)?

The Financial Industry Regulatory Authority (FINRA) is the largest independent regulator for all securities firms doing business in the United States. Further, FINRA's mission is to protect America's investors by ensuring that the securities industry operates fairly and honestly. All told, FINRA oversees about 4,400 brokerage firms, about 162,930 branch offices, and approximately 630,020 registered securities representatives.

How do I commence an arbitration?

Filing a claim with FINRA is easy with Soreide Law Group, please contact us at your convenience.

Where is the hearing location?

The hearing location is typically at the FINRA hearing location nearest to where the investor lived at the time of the investment. However, this can be changed if agreed upon by all parties.

Does it matter that we are in different states?

No, we will travel to the hearing location that FINRA assigns. For instance, the vast majority of our clients are out of state. We allow the opportunity to call, email, fax, video chat, and share files electronically, in addition to traditional mail so it makes no difference where our main office is located. Our goal is to make it easy for you.

What is FINRA Arbitration?

The Financial Industry Regulatory Authority or FINRA is the binding dispute resolution forum that all securities disputes against brokers and brokerage firms are submitted. These arbitration are decided by a panel made up of typically 3 arbitrators who are knowledgeable in the area of securities laws and regulation. The U.S. Supreme Court decision, Shearson v. MacMahon, 482 U.S. 220 (1987) enforced mandatory binding arbitration clauses in the securities industry. One of the most important legal aspects is that arbitration awards are final and binding, subject to review by a court only on a very limited basis. FINRA used to be formerly known as the National Association of Securities Dealers or the NASD.

How do I commence an Arbitration?

TArbitrations begin by filing a statement of claim with FINRA’s headquarters, together with a submission agreement and the required fees. Prior to filing the Statement of Claim, in most cases, we will have an initial damage analysis performed by a forensic accountant. Depending on the nature of the case, a damage analysis may not be necessary..

How much does it cost to retain your firm?

We accept cases on a contingency fee basis meaning we do not get paid for our time. Rather, we only get paid in the event of a recovery.

In addition to securities cases what types of professionals do you represent?

We represent all Florida licensed professionals before the Department of Business and Professional Regulation, Department of Health, Florida Department of Banking and Finance, now the Florida Office of Financial Regulation, and attorneys. We also represent attorney applicants before the Florida Board of Bar Examiners and the Florida Bar Grievance Committee.

News Articles

Richard Rappaport Suspended, Involved In Westpark Investor Dispute

Richard Rappaport Suspended, Involved In Westpark Investor Dispute

SecuritiesAuthor2022-05-03T18:54:30+00:00May 17th, 2022|

FINRA Issues Suspension To Westpark's Richard Rappaport FINRA BrokerCheck indicates that investors alleged sales practice violations involving securities broker [...]

ROBERT EARL TURNER Formerly of UBS

ROBERT EARL TURNER Formerly of UBS

Editor SLG2022-05-16T17:35:47+00:00May 16th, 2022|

According to a recent AdvisorHub article, UBS Wealth Management USA alleges that one of its former brokers in Waco, [...]

William Johnson Involved In Voya Investor Dispute

William Johnson Involved In Voya Investor Dispute

SecuritiesAuthor2022-05-03T15:26:02+00:00May 16th, 2022|

Voya Client Alleges Misrepresentation By Securities Broker William Johnson Soreide Law Group is reviewing investor disputes concerning securities broker [...]

Mark Haenny Involved In First Allied Investor Dispute

Mark Haenny Involved In First Allied Investor Dispute

SecuritiesAuthor2022-05-03T15:16:27+00:00May 16th, 2022|

Investor Alleges Sales Practice Violation In Dispute About Broker Mark Haenny Investment loss recovery counsel at Soreide Law Group [...]

Gregory Young Involved In Voya Investor Dispute

Gregory Young Involved In Voya Investor Dispute

SecuritiesAuthor2022-05-03T18:24:27+00:00May 15th, 2022|

Broker Gregory Young Faces Alternative Investment Disputes From Voya Financial Clients FINRA BrokerCheck contains important disclosures on Gregory Scott [...]

Jason Skyler Involved In Kovack Investor Dispute

Jason Skyler Involved In Kovack Investor Dispute

SecuritiesAuthor2022-05-03T15:04:06+00:00May 15th, 2022|

Client Files Investment Dispute About Jason Skyler (TKG, Kovack) FINRA provides important information in regard to securities broker Jason [...]

Jeff Cleckner In Waddell Reed Investor Dispute

Jeff Cleckner In Waddell Reed Investor Dispute

SecuritiesAuthor2022-05-03T14:58:19+00:00May 14th, 2022|

Securities Broker Jeff Cleckner Discloses Disputes By Waddell Reed Clients, First Union Clients FINRA BrokerCheck shows disputes about Jeffrey [...]

Jeffrey Fitz Involved In Merrill Lynch Investor Dispute

Jeffrey Fitz Involved In Merrill Lynch Investor Dispute

SecuritiesAuthor2022-05-03T14:51:04+00:00May 14th, 2022|

Securities Broker Jeffrey Fitz Is Involved In An Investor's Dispute Alleging Misrepresentation Soreide Law Group is examining investor disputes [...]

Timothy Cunningham Involved In JP Morgan Investor Dispute

Timothy Cunningham Involved In JP Morgan Investor Dispute

SecuritiesAuthor2022-05-03T14:45:47+00:00May 14th, 2022|

Broker Timothy Cunningham Involved In JP Morgan Client Disputes Regarding Unauthorized Trading Investment loss recovery counsel at Soreide Law [...]

Miaojun Yuan Involved In Questar Investor Dispute

Miaojun Yuan Involved In Questar Investor Dispute

SecuritiesAuthor2022-05-03T14:41:27+00:00May 13th, 2022|

Sales Practice Violations Alleged In Investor Dispute About Broker Miaojun Yuan Soreide Law Group discusses the FINRA BrokerCheck disclosures [...]

Stefan Pastor Discloses FINRA Bar, Investor Dispute

Stefan Pastor Discloses FINRA Bar, Investor Dispute

SecuritiesAuthor2022-05-03T14:36:28+00:00May 13th, 2022|

Stefan Pastor Is Barred By FINRA And Involved In A Raymond James Investor Dispute Notably, FINRA provides important information [...]

MOLONEY SECURITIES GWG Bond Loss?

MOLONEY SECURITIES GWG Bond Loss?

Editor SLG2022-05-12T15:54:42+00:00May 12th, 2022|

Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: MOLONEY SECURITIES CO., INC., [...]

Clyde Ford Involved In Kestra Investor Dispute

Clyde Ford Involved In Kestra Investor Dispute

SecuritiesAuthor2022-05-03T14:30:19+00:00May 12th, 2022|

Client Files Dispute Concerning Kestra Securities Broker Clyde Ford Soreide Law Group talks about Clyde Warren Ford (CRD#: 4700006, [...]

Gerardo Castillo Involved In Wells Fargo Investor Dispute

Gerardo Castillo Involved In Wells Fargo Investor Dispute

SecuritiesAuthor2022-05-03T14:23:25+00:00May 12th, 2022|

Gerardo Castillo Facing Investment Disputes Involving Wells Fargo, Citigroup Clients Soreide Law Group is examining investor disputes concerning securities [...]

DEAN R NOWAK of NEWBRIDGE SECURITIES GWG Bond Loss?

DEAN R NOWAK of NEWBRIDGE SECURITIES GWG Bond Loss?

Editor SLG2022-05-11T17:44:15+00:00May 11th, 2022|

Soreide Law Group, based in Florida, has filed a FINRA arbitration on behalf of our client (Claimant) against: NEWBRIDGE [...]

William Hennion Involved In Investor Dispute

William Hennion Involved In Investor Dispute

SecuritiesAuthor2022-05-03T14:06:43+00:00May 11th, 2022|

Investor Suitability Disputes Concern William Hennion (Hennion Walsh) FINRA BrokerCheck indicates that investors alleged sales practice violations involving securities [...]

Larry Russo Involved In Westpark Investor Dispute

Larry Russo Involved In Westpark Investor Dispute

SecuritiesAuthor2022-05-03T13:57:48+00:00May 11th, 2022|

Broker Larry Russo Facing Investor Disputes Concerning Newport, Westpark Clients Soreide Law Group talks about the FINRA BrokerCheck disclosures [...]

Meridian Wealth Management Group Losses in ACN?

Meridian Wealth Management Group Losses in ACN?

Editor SLG2022-05-10T15:02:21+00:00May 10th, 2022|

Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: MORGAN STANLEY (Respondents). The [...]

Michael Androulakis Discloses Alexander Capital Client Dispute, FINRA Sanctions

Michael Androulakis Discloses Alexander Capital Client Dispute, FINRA Sanctions

SecuritiesAuthor2022-05-03T13:51:10+00:00May 10th, 2022|

Sales Practice Violations Alleged In Alexander Capital Client's Dispute About Broker Michael Androulakis Evidently, FINRA contains important disclosures on [...]

Kyle Davis Involved In Raymond James Investor Dispute

Kyle Davis Involved In Raymond James Investor Dispute

SecuritiesAuthor2022-05-03T13:41:48+00:00May 10th, 2022|

Investor Disputes Involve Securities Broker Kyle Davis (Raymond James, Morgan Stanley) FINRA BrokerCheck indicates that investors alleged improper sales [...]

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