Investors have lost $600 million in only two days. Was your stock broker looking out for your money? The fund is highly leveraged and achieves its investment objectives by capturing gains on options sold on the S&P futures contracts. If you stock broker recommended this to you, you may be able to get some or […]

Soreide Law Group is filing claims on behalf of investors who invested in the following: Vista Drilling Program 2011-1 Vista Drilling Program 2012 Vista Drilling Program 2013-2 Attorney, Lars Soreide, Esq., has been filing claims on behalf of clients who invested in various Vista Drilling programs against the brokerage firms that failed to disclose material […]

Soreide Law Group obtained the following information from FINRA’s website under, “Disciplinary and Other FINRA Actions February 2018.” Gary Raymond Gray (CRD #1641113, Las Vegas, Nevada) was assessed a deferred fine of $10,000 and suspended from association with any FINRA member in all capacities for three months.  Allegedly, Gray exercised discretion in effecting 236 trades […]

Soreide Law Group obtained the following information from FINRA’s February 2018 Disciplinary Report: Univest Securities, LLC (CRD #36105, New York, New York)   was censured and fined $20,000 by FINRA. A lower fine was imposed after considering, among other things, the Univest Securities revenue and financial resources. FINRA alleges Univest Securities failed to develop and […]

On March 7, 2018, MARK KAPLAN CRD#: 1978048 was barred by the Financial Industry Regulatory Authority Inc. (FINRA) from acting as a broker or otherwise associating with a broker-dealer firm for allegedly churning the account of a 93-year-old retired clothing salesman who suffered from dementia. According to FINRA, Kaplan created $723,000 in trading losses in […]

Soreide Law Group is investigating claims on behalf of investors regarding financial advisor, AUSTIN RICHARD DUTTON JR (CRD #2739167), formerly of Newbridge Securities Corporation (based in Boca Raton, Florida).  Allegedly, Austin Dutton Jr.  recommended unsuitable non-traded real estate investment trusts (REITs) to clients. The lawyers representing retired Philadelphia police and firefighters plan to file additional […]

On February 16, 2018, a FINRA arbitration panel awarded $121,659.80 in favor of a retired farmer (Claimant) from Minnesota against Wells Fargo Advisors Financial Network, LLC. The Claimant alleges that he opened an account with Wells Fargo in January of 2009 after receiving a cold call from broker, ADAM THOMAS MARQUARDT (CRD#: 5307192), from a […]

The following information was obtained from FINRA’s February 2018 Disciplinary Report by Soreide Law Group:  Jed Edward Tinder (CRD #1013144, Oshkosh, Wisconsin)  was barred by FINRA for allegedly refusing to provide information and documents requested by FINRA during the course of an ongoing examination into whether he conducted outside business activities, participated in private securities […]

The Financial Industry Regulatory Authority Inc. (FINRA) awarded five UBS Financial Services’ clients more than $521,000 in compensatory damages in a case related to the clients' investments in Puerto Rican bonds and closed-end bond funds. The clients are all residents of Puerto Rico.  They claimed that UBS violated the Puerto Rico Uniform Securities Act and […]