Soreide Law Group is representing clients against their stock brokers who recommended Carbo Ceramics in large concentrated positions. CRR may have been unsuitable for some investors and some brokers may have failed to limit losses as the stock crashed.  We have already filed one claim against a National Securities broker for recommending Carbo Ceramics to his […]

Soreide Law Group, based in South Florida, has filed a FINRA arbitration on behalf of our clients (Claimants) against: NATIONAL SECURITIES CORPORATION and their registered representative (Respondents).  The lawsuit claims that the Claimants, a married couple from Georgia, received a cold call from a NATIONAL SECURITIES’ broker, who had convinced them to open an account […]

Soreide Law Group, based in Florida, obtained the following information, available to the public on FINRA’s website, from FNRA’s Disciplinary Actions of September, 2017, regarding Florida broker:  Daniel Joseph Hushek III (CRD #4250117, Bradenton, Florida)   Hushek was assessed a deferred fine of $10,000 and suspended by FINRA for 15 months for allegedly failing to […]

EDWARD THOMAS MURPHY CRD#: 3041818 was barred by FINRA from acting as a broker or otherwise associating with firms that sell securities to the public. Murphy failed to respond to FINRA’s request for information. According to FINRA’s BrokerCheck, Edward T Murphy has multiple Customer Disputes with alleged client complaints between 2008–2013, including, but not limited […]

Why Did I Get a Tax Bill From Linn Energy When It Went Bankrupt?   The September 23, 2016 form 8937 filing (Report of Organizational Actions Affecting Basis of Securities) states in part 2 that “By order of the bankruptcy court, the common stock held by the Sabine shareholders were cancelled for no consideration.”  The […]

The Soreide Law Group obtained the following information on FINRA’s website which is available to the public. PAUL WESCOE SMITH CRD#: 1070735, has been barred from acting as a broker or otherwise associating with firms that sell securities to the public by the Financial Industry Regulatory Authority (FINRA) in June of 2017. According to the […]

The South Florida-based law firm, Soreide Law Group, obtained the following information on Miami broker, LORENZO C ESTEVA, on FINRA’s website. On September 11, 2017, LORENZO C ESTEVA CRD#: 2170595, was barred from acting as a broker or otherwise associating with firms that sell securities to the public by the Financial Industry Regulatory Authority Inc. […]

Soreide Law Group has filed several FINRA arbitrations on behalf of our clients against brokers/dealers who have recommended high-risk oil and gas stocks to investors who have conservative portfolios causing devastating losses to their irreplaceable retirement funds. ABRAHAM HEIMANN CRD#: 1315922, a broker formerly with Oppenheimer and Cetera Advisors in the Atlanta, Georgia area, had yet […]

JAIME R RODRIGUEZ CRD#: (5128530), a former HSBC broker in New York was barred by FINRA for allegedly converting $200,000 of a legally blind and elderly client so he could purchase two apartments in his own name. According to the FINRA report, JAIME R RODRIGUEZ, was also a branch relationship banker for HSBC in New […]