Merrill Lynch Broker Charles Kenahan Under Investigation For Bad Trades Soreide Law Group is investigating claims on behalf of investors who purchased securities from Charles Ernest Kenahan (CRD#: 1351974, Boston, Massachusetts). Not only is the securities broker under investigation by New Hampshire Department of State Bureau of Securities Regulation, but at least four investors brought […]

ADRIENNE JAIME MAK (ADRIENNE MAK) CRD#: 5656269, formerly of  J.P. MORGAN SECURITIES LLC of HACIENDA HEIGHTS, CA, was recently barred by the Financial Industry Regulatory Authority (FINRA) from association with any FINRA member in any capacity. According to the FINRA report, without admitting or denying the allegations, ADRIENNE JAIME MAK consented to the sanction and […]

ROBERT JAMES MCNAMARA CRD#: 1207495 and EUGENE JAMES LONG (E J LONG, EUGENE J LONG) CRD#: 2386267, both registered representatives with CADARET, GRANT & CO., INC., were fined $5,000 each and suspended from association with any FINRA member firm in any capacity for 15 business days by FINRA. FINRA alleged that between August of 2017 […]

Kalos Clients Might Have Been Sold Unsuitable, Misrepresented GPB Funds Soreide Law Group is reviewing possible investor disputes in regard to financial advisor Jason James Mosher (CRD#: 3070810, Canandaigua, New York). Namely, FINRA BrokerCheck indicates that securities brokers at Kalos Capital possibly sold unsuitable investments including GPB Funds. In fact, investor disputes involving one or […]

LPL Broker Dain Stokes Allegedly Misappropriated Funds Investor Alert! The Securities and Exchange Commission (“SEC”) barred LPL Financial securities broker Dain Farrell Stokes (CRD#: 2960801, Bedford, New Hampshire). These sanctions come after the New Hampshire Department of State Bureau of Securities Regulation suspended his licenses and issued him a fine for seemingly misappropriating investor funds […]

Lilis Energy Losses? Lilis Energy, symbol LLEX and now LLEXQ, announced they are filing for Chapter 11 bankruptcy protection in Texas.  The stock opened trading around $220 and was recently trading around $.04 rendering the stock almost worthless.  Stock brokers that recommended this risky security and failed to limit losses for clients may be liable […]

Barred Cadaret Grant Broker Gerald Dewes Possibly Caused Investor Losses Investor Alert! The Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Reports shows that 5 investors brought disputes about securities broker Gerald R. Dewes (CRD#: 2465538, East Amherst, New York). Supposedly, Dewes made unsuitable investment recommendations to Cadaret Grant clients. Not only that, but after Cadaret Grant […]

Stifel Nicolaus Clients Take Aim At Andrew Elsoffer For Possibly Breaching Fiduciary Duty Soreide Law Group is investigating potential investor claims of breach of fiduciary among other sales practice violations by securities broker Andrew Elsoffer (CRD#: 2580009, Pepper Pike, Ohio). Namely, at least 8 investors filed disputes about the broker, who worked for Stifel Nicolaus […]

Broker Marc Reda Possibly Traded Without Investor Authorization The Financial Industry Regulatory Authority (“FINRA”) reports troubling allegations of misconduct by securities broker Marc A. Reda (CRD#: 2757330, New York, New York). Namely, the Spartan Capital Securities broker is under investigation and facing a possible FINRA enforcement action alleging his unauthorized trading. Not only that, but […]