The Financial Industry Regulatory Authority (FINRA) reports important information about securities broker Robert Spencer Gerstein [CRD: 840752, New York, New York]. Not only has FINRA sanctioned Gerstein for unsuitability, but investors disputed the sales practices of the securities broker. However, Gerstein denies the allegations. Read on to learn more about the allegations against Gerstein. Gerstein […]

Soreide Law Group is investigating possible investor claims against securities broker Rene Javier Castro [CRD: 2559410, Upland, California]. Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for Center Street Securities Inc. Evidently, investors allege sales practice violations in these disputes, including inappropriate advice. […]

Soreide Law Group is investigating possible investor claims against securities broker Nisreen Nina Kallabat Byrne (also known as Nina Byrne) [CRD: 2223199, Bloomfield Hills, Michigan]. Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for J.P. Morgan Securities LLC. Evidently, investors allege sales practice […]

In recent years, major banks such as RBC, Banc of America, and JP Morgan Chase have been fervently producing "structured notes", amassing sales in billions. These banks purport that these notes offer investors a taste of both equity growth and fixed income benefits. However, the real question is, are these notes as promising as they […]

At Soreide Law Group, we're actively probing into the potential investor claims tied to broker-dealers. There are concerns that some might have inappropriately advised for investors to purchase Parking REIT (recently rebranded as Mobile Infrastructure Corp.). Update on Net Asset Value (NAV) Shares of Mobile Infrastructure Corporation are reportedly valued at $14.76 per share as […]

Soreide Law Group is actively delving into possible investor claims linked to securities firms and investment advisories that might have inappropriately recommended Western Asset Macro Opportunities I (LAOIX) to their clients. Sponsored by Western Asset Management Company, LLC., Western Asset Macro Opportunities I (LAOIX) poorly performed in 2022. Notably, the federal reserve hiked the interest […]

Soreide Law Group is actively investigating potential investment-related claims against broker dealers who might have inappropriately advised clients on FlexShares Crdt-Scrd US Lng Corp Bd ETF (LKOR). What Is LKOR? Sponsored by Northern Trust Asset Management, the FlexShares Crdt-Scrd US Lng Corp Bd ETF (LKOR) aims to reflect the performance, prior to expenses and fees, […]

Non-Compliance With Suitability Obligations In November 2022, FINRA sanctioned Western International Securities in Case: 2020067094001. The firm agreed to pay a fine of $400,000, among other things to resolve allegations that it neglected its duties in ensuring that its recommendations regarding Non-Traded Real Estate Investment Trusts (REITs) complied with its suitability obligations. Inadequate Supervisory Procedures […]

Soreide Law Group is diligently investigating possible sales practice violations by Alliance Bernstein. This probe comes after multiple reports of investor losses tied to the Option Advantage Strategy. Alliance Bernstein's advisors fervently prompted their clientele to commit to a novel and intricate option strategy termed “Options Advantage.” This technique was portrayed as the go-to for […]