Soreide Law Group is currently investigating claims that investors have made against brokers/financial advisors who made recommendations to purchase GWG L Bonds. The L bond was a specialty high-yield bond created and issued by GWG Holdings (GWGH) from 2012 through 2021.  This bond was a private placement. The L bond financed the purchase of life […]

Oil Investments are back in style and possibly setting up for another crash Oil and gas sponsored drilling programs raised almost $300 million dollars in 2020. New drilling projects are taking place across various geological basins from places like the Permian, eagle ford, shale, Illinois basins. The main sponsors of these oil drilling programs are […]

The Securities and Exchange Commission (SEC) has charged GERMAN NINO, a former broker and investment advisor for UBS Financial Services Inc., of Coral Gables Florida, with stealing $5.8 million from a client. According to the January 24, 2022, SEC complaint, the allegations against GERMAN NINO, of Weston, Florida, were that he allegedly stole the investment […]

According to FINRA’s BrokerCheck, available to the public on FINRA’s website, John Edward Dalby (JOHN E DALBY, JOHN DALBY CRD#: 6108863), currently listed with HENNION & WALSH, INC. of Parsippany, New Jersey, had a “Customer Dispute” filed against him when he was listed with FIRST STANDARD FINANCIAL COMPANY LLC, of Staten Island, New York. The […]

On November 5, 2021, SEBASTIAN WYCZAWSKI (CRD#: 2835135), was fined $5,000, ordered to pay restitution of $21,644 plus interest, and suspended for five months, from December 6, 2021 until May 5, 2022, by the Financial Industry Regulatory Authority (FINRA).  He was formerly registered with Joseph Stone Capital LLC of Manorville, New York. According to the FINRA […]

Broker Sonia Balfour-Fears Involved in Merrill Lynch Investor Dispute The Financial Industry Regulatory Authority (FINRA) BrokerCheck contains new disclosures on securities broker Sonia Balfour-Fears (CRD#: 5864524, Atlanta, Georgia). Evidently, Balfour-Fears worked as a securities broker and financial advisor with Merrill Lynch Pierce Fenner Smith from 2011 to January 2021. She joined Morgan Stanley in January […]

Cadaret Grant Client Alleges Unsuitable OTC Trades By Broker Gerald Dewes The Financial Industry Regulatory Authority (FINRA) contains new disclosures in regard to securities broker Gerald Roger Dewes (CRD#: 2465538, East Amherst, New York). Namely, Dewes, who used to work for securities firm Cadaret Grant Co., faces investor disputes. Not only that, but FINRA barred […]

Glen Cole Involved In Moloney Securities Client Dispute About Purportedly Unsuitable Investments Soreide Law Group comes to you with new information in regard to securities broker Glennon "Glen" James Cole (CRD#: 1999588, Manchester, Missouri). Evidently, Cole is a former Moloney Securities Co. Inc. securities broker. He also used to work for firms First Brokerage America, […]

FINRA Opens Investigation Into Securities Broker Sherry Baker (Raymond James) Regarding Suitability The Financial Industry Regulatory Authority (FINRA) reports new information concerning securities broker Sherry Lynn Baker (CRD#: 1249220, Salem, Illinois). Evidently, FINRA, who is responsible for overseeing and investigating securities brokers, launched an investigation into Baker. FINRA's investigation concerns Sherry Baker's potential unsuitable recommendations […]