Miller Energy Resources Inc., an oil and gas driller that operates in Alaska, filed for bankruptcy protection on October 1, 2015. The filing came after the U.S. Securities and Exchange Commission (SEC) charged the company and three officials of allegedly inflating the value of the company's Alaska oil and gas properties by $400 million. Miller […]

Soreide Law Group obtained the following information from FINRA’s July 2017 Disciplinary Report:  David Wesley Wells (David Wells) (CRD #3252656, Hanover, Pennsylvania)   Has been barred by FINRA from acting as a broker or otherwise associating with firms that sell securities to the public for allegedly refusing to produce information and documents FINRA requested during […]

The Securities and Exchange Commission (SEC) filed fraud charges on Monday, July 31, 2017, against four Atlanta, Georgia area brokers for allegedly convincing older employees of the federal government who had a significant amount of money in their federal retirement accounts, to move the accounts to investments with higher fees. It is alleged federal employees […]

Soreide Law Group obtained the following information on FINRA’s website from the July 2017 Disciplinary Report: Tracy Rae Turner (CRD #1385745, San Marcos, California) An OHO decision became final in which Turner was barred from association with any FINRA member in all capacities and fined $272,879.04, plus prejudgment interest for alleged failure to give prior […]

Soreide Law Group is currently investigating the following Vertical Funds on behalf of our clients who have suffered devastating losses due to their broker/dealers’ recommendations into these private placements.  These securities, offered through private placement were designed to raise money for mortgages or distressed mortgage notes after the real estate crash in 2008. These funds […]

JAMES ROBERT SCHAEDLER JR. CRD#: 4264512 (James Schaedler) 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). According to FINRA’s report on Schaedler’s BrokerCheck, which is available to the public, without admitting or denying the findings, James Schaedler […]

AUSTIN RICHARD DUTTON JR (AUSTIN R DUTTON JR) CRD#: 2739167   a broker from the Philadelphia area, was fined $200,000 by the Pennsylvania Department of Banking and Securities on Monday, July 24, 2017.  They cited alleged "dishonest or unethical practices in the securities business." The Financial Industry Regulatory Authority, Inc. (FINRA) reported on their BrokerCheck […]

Soreide Law Group obtained the following from the July 2017 FINRA Disciplinary Report:  V CULLEN KEMPSON III (aka V CULLEN KEMPSON, Voigt C Kempson III) CRD #1280887, Sparta, New Jersey) was fined $5,000 and suspended by FINRA for 30 days for allegedly effecting unauthorized trades in a deceased client’s accounts. FINRA’s findings stated that although […]

Soreide Law Group obtained the following information from FINRA’s Disciplinary Report from July 2017: Edward Thomas McFarlane (CRD #2492335, Glenside, Pennsylvania) was fined $5,000 and suspended by FINRA for two months for allegedly recommending and effecting unsuitable transactions involving inverse, leveraged, and inverse-leveraged exchange-traded funds (non-traditional ETFs) in clients’ accounts. FINRA’s findings stated that the […]