According to a December 15, 2021, press release, the US Securities and Exchange Commission stated that Wedbush Securities Inc., a California-based broker/dealer, agreed to pay more than $1.2 million to settle charges from the alleged unlawful unregistered distribution of nearly 100 million shares of more than 50 different low-priced microcap companies, and due to Wedbush’s […]

Securities Broker Kim Barentsen Faces Investor Dispute, FINRA Sanctions The Financial Industry Regulatory Authority (FINRA) contains new information regarding securities broker Kimberly Ann Barentsen (CRD#: 2092280, Walnut Creek, California). It appears that a client of First Allied Securities disputed Barentsen’s sales practices. Also, FINRA issued a two-month suspension to the securities broker for allegedly engaging […]

Securities Broker Anthony Tricarico (Aegis) Involved In Investor Dispute, Sanctioned By FINRA Soreide Law Group is reviewing potential investor disputes relating to securities broker Anthony Tricarico (CRD#: 1047416, New York, New York). Tricarico worked for Aegis Capital Corp from March 2010 to July 2020. According to Financial Industry Regulatory Authority (FINRA) BrokerCheck, he faces disputes […]

On December 10, 2021, the Financial Industry Regulatory Authority (FINRA) suspended JOHAN M PEREIRA (JOHAN MANUEL PEREIRA) CRD#: 6252881 for seven months and issued a $10,000 fine after a client had allegedly hired him to assist with investing in and purchasing bitcoin, according to a letter of settlement finalized on December 10, 2021. According to […]

On the United States Department of Justice website, it stated that MATTHEW O CLASON, 40, of Cheshire, Connecticut, was sentenced December 7, 2021, by the U.S. District Judge in Hartford to 30 months of imprisonment, followed by two years of supervised release, for stealing more than $600,000 from an investment client. According to the court […]

Soreide Law Group has been contacted by former customers of the following broker/financial advisor regarding REIT losses: NICHOLAS FOULGER TAGGART (Nicholas F Taggart) CRD#: 4353676 At the time of the clients’ alleged losses, Nicholas F Taggart was registered both as an investment advisor and a broker with CETERA ADVISORS LLC of Portland, Oregon, from 02/28/2012 […]

The Florida-based Soreide Law Group obtained the following information from FINRA’s website on the following Florida broker/financial advisor under, “Disciplinary and Other FINRA Actions,” November, 2021: Athanasios Tomaras (CRD #2722538, Oldsmar, Florida) On September 7, 2021 an Acceptance, Waiver and Consent (AWC) was issued in which Athanasios Tomaras was fined $5,000 and suspended from association […]

The Florida-based, Soreide Law Group, obtained the following information from FINRA’s Disciplinary Actions, November of 2021: The OHO issued the following decision, which has been appealed to or called for review by the NAC as of September 31, 2021. The NAC may increase, decrease, modify or reverse the findings and sanctions imposed in the decision. […]

Soreide Law Group has filed a FINRA arbitration against:   NETWORK 1 FINANCIAL SECURITIES, INC (Respondent)   The Claimant (our client) resides in Pennsylvania. The lawsuit states that in 2019, the Claimant received a cold call from Charles Vincent Malico, who has been a registered representative of NETWORK 1 FINANCIAL SECURITIES since 2016.  Malico is […]