Latest Securities Lawyer News

Soreide Law Group based in Pompano Beach, Florida, obtained the following information on former NEWBRIDGE SECURITIES CORPORATION of BOCA RATON, FL, broker:  DAVID HOWARD FAGENSON (CRD#: 1652012 ) The Financial Industry Regulatory Authority (FINRA) suspended Fagenson for eight-months from the securities industry. Without admitting or denying the findings, Fagenson consented to the sanction and to […]

The South Florida-based, Soreide Law Group, has obtained the following information from FINRA’s BrokerCheck on former PFS Investments Inc., of Miami Lakes, Florida broker: ARTURO ALEJANDRO NUNEZ (CRD#: 4701686) The Financial Industry Regulatory Authority (FINRA) has barred Arturo Nunez from acting as a broker or otherwise associating with a broker-dealer firm. Without admitting or denying […]

Soreide Law Group is investigating claims by clients that they allegedly suffered losses through the sale of AFIN due to recommendations by former Royal Alliance Associates broker: WILLIAM GALE STRACENER III (Billy Stracener) CRD#: 4219142 while working with ROYAL ALLIANCE ASSOCIATES, INC. of LAFAYETTE, LA.  Soreide Law Group recently filed a FINRA arbitration on behalf of […]

INVESTOR ALERT: FINRA Bars Floyd Powell For Selling Fraudulent Investments Floyd Earl Powell (CRD#: 2220029, Albertville, Alabama) is a prior MML investors Services, LLC and MSI Financial Services registered representative who the Financial Industry Regulatory Authority (“FINRA”) barred for selling unregistered investments away from the firm. Specifically, FINRA barred Powell pursuant to a Letter of […]

LPL Financial Disaffiliates With Mark Thomas Lamkin For Private Securities Transactions Mark Thomas Lamkin (CRD#: 2121510, Louisville, Kentucky) is a prior LPL Financial LLC securities representative. Apparently, Lamkin worked in the firm’s Louisville, Kentucky offices between February 9, 2001 and September 14, 2018. Notably, LPL Financial LLC discharged Lamkin for engaging in misconduct that could […]

ATTENTION INVESTORS: Complaints Filed Against Mitchell Brian Walk Mitchell Brian Walk (CRD#: 3195375, Longwood, Florida) is presently a general securities representative of Kestra Investment Services, LLC. Walk, who has been employed with the firm since January 2, 2001, works out of the firm’s Longwood, Florida, Sarasota, Florida and St. Augustine, Florida offices. Notably, Walk disclosed […]

FINRA Issues Fine And Suspension To LPL Financial LLC’s Melvin Case Melvin Elwood Case (CRD#: 2393464, Jacksonville, Florida) is a prior general securities representative for LPL Financial LLC. Notably, on January 19, 2018, FINRA issued Case a $5,000 fine and six month suspension from having any association with a FINRA member in all capacities for […]

Soreide Law Group is currently investigating claims on behalf of our clients against: CETERA INVESTMENT SERVICES LLC, and their registered representative, CHANG JEN VUNG (CRD#: 5347816)  The investors have sustained significant losses allegedly through the purchase of AFIN and/or CLNC from CETERA INVESTMENT SERVICES’ broker, CHANG JEN VUNG. Colony Credit Real Estate Inc. (CLNC) is […]

INVESTOR ALERT: NorthStar Healthcare Income Inc. Suspends Distributions Soreide Law Group is evaluating possible claims of unsuitability against brokers who advised investors to purchase NorthStar Healthcare Income Inc. Notably, NorthStar Healthcare Income Inc. just indefinitely suspended monthly distribution payments to shareholders. NorthStar Suspended Distributions Effective February 1, 2019 Apparently, NorthStar Healthcare Income Inc. is a […]