Soreide Law Group obtained the following from FINRA’s Disciplinary Report of May 2017: PHILLIP RUSSELL HINZE (CRD #4494915, Mendota Heights, Minnesota) was assessed a deferred fine of $5,000 and suspended from association with any FINRA member for one month for allegedly placing four orders over a one-week period to buy securities for a client without […]

Soreide Law Group, based in South Florida, obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, May 2017:” Ultralat Capital Markets, Inc. (CRD #136791, Miami, Florida) was censured; fined $140,000; required to pay disgorgement of excessive markups in the amount of $48,055.84, plus interest; and required to, within 30 days of […]

Soreide Law Group is investigating, on behalf of clients, former Next Financial broker, EDUARDO GUILLERMO DIAZ also known as EDWARD DIAZ (CRD#: 1621873) On March 22, 2016, Diaz pled guilty to one count of mail fraud before the United States District Court for the Southern District of Mississippi in United States. On June 22, 2016, […]

BARKLEY JW LUNDY JR, (CRD#: 2260127) also known as MIKE LUNDY, a 68 year-old investment advisor from Rapid City, South Dakota, was convicted of wire fraud and making and subscribing a false tax return.  Lundy was charged on February 7, pleaded guilty February 14, and was sentenced on May 19, 2017 to 5 years in […]

Soreide Law Group is currently investigating, on behalf of our clients, NEXT FINANCIAL GROUP, INC. based in Houston, TX, and their former registered representative in Frisco, TX, TYE CALVIN WILLIAMS CRD#: 1271046. FINRA has barred Tye Williams from acting as a broker or otherwise associating with firms that sell securities to the public. In September […]

Soreide Law Group is investigating, on behalf of clients who suffered devastating losses, broker/dealers who over-concentrated their clients in: Houston American Energy Corp. (HUSA) 52 Week Range 0.16 - 0.49 Houston American Energy Corp. is an independent energy company. HUSA acquires, explores, develops, and produces natural gas, crude oil, and condensate from properties located principally […]

The Florida-based, Soreide Law Group, obtained the following on FINRA’s website under, ‘Disciplinary and Other FINRA Actions May 2017.’ JARRED M LAWSON (CRD #6093454, Jacksonville, Florida) was assessed a deferred fine of $10,000 and suspended by FINRA for one year for allegedly making negligent misrepresentations or omissions regarding the sale of primarily Class A and […]

Soreide Law Group, based in South Florida, obtained the following information from FINRA’s website’s May 2017 Disciplinary Report regarding Florida broker: David Ladin (CRD #3220407, Fort Lauderdale, Florida) Ladin was assessed a deferred fine of $10,000 and suspended by FINRA for four months for allegedly borrowing $12,000 from a client and failing to notify his […]

Soreide Law Group is currently investigating, on behalf of clients who have contacted us, Janney Montgomery Scott, New York broker: MICHAEL ANDREW CORAGGIO (MICHAEL CORAGGIO) CRD#: 4684084 According to FINRA’a BrokerCheck, MICHAEL CORAGGIO, has been in the securities industry for 13 years and was listed with 5 firms. Coraggio has 8 Disclosures on his report […]