Ampio Pharmaceuticals AMPE Stock Losses Soreide Law Group is investigating potential claims versus Aegis Capital Corp regarding its sale of Ampio Pharmaceuticals stock to Aegis customers. Aegis was joint booking running manager for Ampio (AMPE) in July 2012 when the company sold additional stock to the public. On the day of the offering the stock […]

The Pompano Beach, Florida-based Soreide Law Group obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, August 2016.” DENNIS M. MERRITT (CRD# 1748115 Palm Harbor, Florida) was suspended by FINRA for four months and in light of Merritt’s financial status, no monetary sanction was imposed, due to allegations that Merritt participated […]

The Florida-based Soreide Law Group obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, August 2016.” Armando Fernandez (CRD #3079602, Miami Shores, Florida) was fined $7,500 and suspended from association with any FINRA member in any capacity for 20 business days. According to FINRA’s findings, allegedly Fernandez exercised discretion in a […]

Florida-based Soreide Law Group obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, August 2016.” Sonia Giannetti (CRD #5922748, Coral Springs, Florida) was assessed a deferred fine of $10,000 and suspended by FINRA for two years for allegedly withholding documents in FINRA information requests, produced false and misleading responses to FINRA […]

The Florida-based Soreide Law Group obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, August 2016.” Newbridge Securities Corporation (CRD #104065, Boca Raton, Florida) was censured, fined $115,000 and required to pay $188,803.99 in restitution to their clients.. Newbridge Securities Corporation has paid full restitution, plus statutorily calculated interest, and provided […]

The Florida-based Soreide Law Group obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, August 2016.” Arthur Espinoza (CRD #1344849, Port Saint Lucie, Florida) was barred by FINRA due to allegations that he engaged in an outside business activity without disclosing this activity to his member firm. FINRA’s findings stated that […]

Dublin, Ohio, financial advisor, JON B. SCHMIDHAMMER (CRD# 1548931), 62, was indicted by a grand jury Monday, August 15, 2016, on one count of theft from a person in a protected class and unlawful securities practices. Schmidhammer is accused of allegedly stealing a half-million dollars from his elderly client’s account and is now facing two […]

There has been a lawsuit filed by an investor in a hotel at Jay Peak Vermont against Raymond James Financial in Miami Federal Court. The plaintiff alleges that Raymond James Financial aided and abetted the developers of the Jay Peak Resort in diverting $200 million in immigrant investor funds. The lawsuit alleges that Ariel Quiros […]

Atlas Resource Partners, L.P. (ARP)  has filed for Chapter 11 bankruptcy, Wednesday, July 27, 2016, after negotiating a plan to eliminate $900 million of debt off its books which will reduce interest expenses by $80 million. This restructuring will reduce the oil and gas producer’s debt, but could leave its investors with a hefty tax […]