Midstream energy companies are often thought of as safe investments. These are companies that provide processing, storage and transportation of crude oil and natural gas. Recently, the decline in valuations of the midstream and master limited partnership (MLP) energy sectors happened faster than the US energy crisis in 2015 and the financial crisis of 2008. […]

Broker Sold You Oasis Petroleum  Inc. Bonds, Stock, or Other Risky High Yield Oil and Gas Investments? Soreide Law Group is investigating bond sales made to clients by stock brokers that were highly invested in risky oil and gas bonds.  Despite the recent announcement the fed will be buying bond ETF’s it does not mean […]

On April 14, 2020, the chairman of NorthStar Healthcare Income, Inc. sent a letter to stockholders informing them that on April 7, 2020, NorthStar Healthcare's Board of Directors suspended all repurchases under the existing share repurchase program. This change went into effect on April 30, 2020. NorthStar Healthcare will not repurchase any shares as of […]

UBS Clients Indicate That Peace Murans Made Unsuitable, Unauthorized Trades Investor Alert! Financial Industry Regulatory Authority ("FINRA") BrokerCheck shows troubling information in regard to former UBS Financial Services securities broker Paul “Peace” William Murans [CRD#: 3266607, Indianapolis, Indiana]. Apparently, at least four clients took issue with the securities broker.  Notably, three of those clients filed […]

Ameriprise's Bill Utanksi Allegedly Makes Unsuitable Dendreon Corp. Stock Sales Soreide Law Group is looking into potential investor disputes against securities broker William (Bill) David Utanski [CRD#: 2576809, Fort Lauderdale, Florida]. Apparently, Financial Industry Regulatory Authority (“FINRA”) BrokerCheck shows that at least 5 clients took issue with the securities broker, who worked for Ameriprise Financial […]

Broker Sold You Denbury Resources Inc. Bonds, Stock, or Other Risky High Yield Oil and Gas Investments?  Denbury Resources Bankruptcy? Soreide Law Group is investigating bond sales made to clients by stock brokers that were inappropriately risky.  Despite the recent announcement the fed will be buying bond ETF’s it does not mean the underlying companies […]

MICHAEL B MOUNTJOY (MICHAEL MOUNTJOY, MIKE MOUNTJOY) CRD#: 4421573, a former LPL Financial broker from Louisville, Kentucky, was suspended by the Financial Industry Regulatory Authority (FINRA)  from association with any FINRA member in any capacity for six months (5/4/2020 through 11/3/2020) and was fined $10,000 for allegedly participating in private securities transactions and engaging in […]

Soreide Law Group (888-760-6552) is representing clients against broker/dealers or financial advisors who sold their clients: PREFERREDPLUS Trust Series CZN-1 On April 29, 2020, Moody's Investors Service downgraded the rating of certificates issued by PREFERREDPLUS Trust Series CZN-1 as follows: U.S. $34,500,000 PREFERREDPLUS Trust Series CZN-1 Certificates, Downgraded to Ca; previously on August 15, 2019 […]

Broker Richard Brown Purportedly Suspended For Failure To Pay Arbitration Award Soreide Law Group is reviewing possible investor claims against broker Richard Lyndon Brown [CRD#: 3245291, Farmingdale, New York], who worked for securities firms Arive Capital Markets, Chelsea Financial Services and Brookstone Securities. Notably, Securities and Exchange Commission (“SEC”) and Financial Industry Regulatory Authority (“FINRA”) […]