Customers Take Aim At SII Investments For Unsuitability SII Investments, Inc. (CRD#: 2225, Wisconsin) is a previously registered brokerage firm regulated by Financial Industry Regulatory Authority (“FINRA”) who has reported 13 regulatory events and 9 arbitrations – all of which reference allegations of SII Investments’ misconduct in the securities industry. Some of the SII Investments […]

FINRA Affirms Bar Of PKS’ Gopi Krishna Vungarala For Fraud Gopi Krishna Vungarala (CRD#: 4856193, Midland, Michigan) has been a registered representative of Purshe Kaplan Sterling Investments from December 13, 2007 to February 21, 2017. Financial Industry Regulatory Authority (“FINRA”) National Adjudicatory Council has issued a Decision #2014042291901 on October 2, 2018 which affirms FINRA’s […]

Suitability Claims Filed Against Popular Securities, Miguel Cestero Miguel R. Correa Cestero (CRD#: 2765420, San Juan, Puerto Rico) has been a financial consultant of Popular Securities, LLC since July 28, 1997. Cestero’s Financial Industry Regulatory Authority (“FINRA”) BrokerCheck profile shows that when he was employed with Popular Securities, his activities served the basis of a […]

Customers Allege UBS, Fernando Rivera Misrepresented Securities Fernando Luis Castillo Rivera (CRD#: 1260734, San Juan, Puerto Rico) has been a registered representative of UBS Financial Services Inc. since June 6, 1984. Rivera disclosed on Financial Industry Regulatory Authority (“FINRA”) BrokerCheck that his activities have led customers to file FINRA Arbitration #14-02509, alleging Rivera committed sales […]

Soreide Law Group is currently investigating claims by investors against Morgan Stanley involving the sale of the Morgan Stanley Cushing MLP High Income Exchange Traded Note.   ETNs are not be suitable for all investors. There are investors alleging that Morgan Stanley failed to disclose to clients the risk involved investing in this high-risk product.  […]

Did A Broker Sell You PixarBio Corporation Investments? Soreide Law Group is investigating claims on behalf of investors who have been sold PixarBio Corp. by a broker or financial advisor. PixarBio is a biotechnology company headquartered in Fort Lee, New Jersey who purports to be developing “NeuroRelease,” a proprietary method of treating post-operative pain through […]

Wells Fargo Sued For Misappropriation and Unsuitable Recommendations Jeffrey Scott Thompson (CRD#: 4602601, Lakeland, Florida) has been a Wells Fargo Clearing Services LLC registered representative between November 6, 2013 and June 1, 2017. Wells Fargo Advisors disclosed on Thompson’s FINRA BrokerCheck file that Thompson’s activities in the customer’s account between January 29, 2016 and August […]

Soreide Law Group has been contacted by investors who allegedly suffered losses after purchasing AFIN, REITs, and other illiquid investments through broker: BRITTNEY JADE SIAS (Also known as: ROSALIE P SIAS, BRITTNEY SIAS) CRD#: 4274432   At the time the alleged losses took place, Sias was with WESTERN INTERNATIONAL SECURITIES, INC. of WESTLAKE VILLAGE, CA. […]

JOHN GREG SCHMIDT (Also known as: GREG SCHMIDT, JOHN GREGORY SCHMIDT) CRD#: 708094, a 67 year-old former investment advisor from Wells Fargo Advisors Financial LLC, of Dayton, Ohio, allegedly misappropriated over $1.6 million from his clients, many elderly, from at least 2003 through 2017, according to an SEC complaint. The complaint was filed in federal […]