Soreide Law Group is conveniently based in Pompano Beach, Florida, and we represent our clients nationwide before FINRA.  We obtained the following information regarding a Florida broker on FINRA’s website from the April, 2017 Disciplinary Report: William Bruckner (CRD #5754875, West Palm Beach, Florida) was fined $5,000 and suspended by FINRA for 15 business days […]

Did your broker recommend investing in Dakota Plains Holdings, Inc and you suffered financial losses?  Were you a client of NICHOLAS HARRIS SHERMETA (CRD#: 2414010), formerly with NORTHLAND SECURITIES, INC. in Minneapolis, Minnesota, who was barred by the SEC from acting as a broker or investment adviser or otherwise associating with firms that sell securities […]

Soreide Law Group has heard from many investors whose brokers over-concentrated their portfolios in high-risk oil and gas investments creating devastating losses to their conservative portfolios. The Bakken Income Fund filed for bankruptcy October 17, 2016 after raising $20.6 million from 309 investors according to a filing with the SEC in Feb. 2015.  They claimed […]

Did your broker over-concentrate your portfolio in: SeaDrill Limited (SDRL) 52 Week Range 0.65 - 5.21 During the days when oil was at an all-time high, energy companies like Seadrill piled on debt so they could expand around the globe. Now, many of these same companies are facing bankruptcy and many banks are dealing with […]

STEPHEN SKEFFINGTON EUBANKS (CRD#: 2291133), 48 years-old, from Hingham, Massachusetts, has pleaded guilty to what is being called, a ‘classic Ponzi scheme.' According to the U.S. Attorney’s office, Stephen S. Eubanks pleaded guilty in a U.S. District Court to one count of wire fraud on April 11, 2017.  Eubanks allegedly took money from friends and […]

Soreide Law Group is investigating potential claims, on behalf of investors, against Joe Zenker of Raymond James & Associates of Nashville, Tennessee.  At least one claim has been filed that involves the alleged selling of large concentrated positions of oil and gas investments and oil and gas master limited partnerships (MLPs). Soreide Law Group was […]

Soreide Law Group is currently investigating, on behalf of investors: Aequitas Income Opportunity Fund II Many investors were allegedly advised by their financial advisors or brokers that they were investing in short term loans that would be redeemable during any 90 period.  The investors also allege that they were NEVER advised at the time of […]

THOMAS HOWARD CANIFORD (TOM CANIFORD) CRD#: 1049021 a former LPL Financial broker who pled guilty in Ohio to 135 counts in 2016, had an order filed against him by the Securities and Exchange Commission (SEC) on March 30, 2017 to bar him from the securities industry.  Tom Caniford was permanently barred by the Financial Industry Regulatory […]

Soreide Law Group obtained the following information from FINRA’s website under, “Disciplinary and Other FINRA Actions” from March 2017: James Carolan Speno (CRD #431912, New York, New York) was assessed a deferred fine of $5,000 and suspended from by FINRA for 30 business days for allegedly exercising discretionary power in client accounts in approximately 1,000 […]