The Pompano Beach, Florida-based Soreide Law Group (888-760-6552) obtained the following information from FINRA’s website under, “Disciplinary and Other FINRA Actions, July 2016.” Kovack Securities Inc. (CRD #44848, Ft. Lauderdale, Florida) Kovack Securities Inc. was censured, fined $125,000 and ordered to pay $119,319.27 in restitution to their clients. The firm has paid full restitution and […]

Soreide Law Group (888-760-6552) obtained the following information from FINRA’s website under, “Disciplinary and Other FINRA Actions, July 2016.” BrokerBank Securities, Inc. (CRD #130116, Minnetonka, Minnesota) and Philip Paul Wright (CRD #2453688, Eden Prairie, Minnesota) BrokerBank Securities, Inc. was censured and fined, jointly and severally, $15,000 with Philip P. Wright. Wright was separately fined $10,000 […]

The South Florida-based Soreide Law Group (888-760-6552) obtained the following information from FINRA’s website under, “Disciplinary and Other FINRA Actions, July 2016.” James P. Scullin (CRD #1577362, Miami, Florida) was assessed a deferred fine of $15,000 and suspended by FINRA for nine months for allegedly placing an unauthorized trade in a client’s account. FINRA’s findings […]

Nearly 80 energy-related companies have filed for bankruptcy since 2015 due to the plummeting prices of crude oil.  Soreide Law Group continues to hear from a growing list of investors whose brokers recommended a high-concentration of risky oil and gas stocks for their conservative portfolios causing devastating losses to their, in many cases, retirement portfolios. […]

Soreide Law Group is investigating, on behalf of our clients, stock losses in Royale Energy Inc (ROYL) recommended by their brokers or financial advisors. ROYL 52-week range was: 0.06 - 1.30 Royale Energy Inc is listed as an independent oil and natural gas producer in the United States. It is involved in the production and […]

Soreide Law Group is currently investigating, on behalf of investors who have experienced devastating losses, the oil and gas company Breitling Energy Corp. (BECC). BECC’s 52 week range: 0.01 - 0.17 The U.S. Securities and Exchange Commission (SEC) charged Dallas-based Breitling Energy Corp. and its CEO, “Frack Master” Chris Faulkner, of fraudulently spending tens of […]

Soreide Law Group launched an investigation on behalf of clients wishing to file claims against Merrill Lynch, Pierce, Fenner & Smith regarding the sale of the Bank of America Strategic Return Notes.  Dozens of investors have already filed law suits. The Strategic Return Notes (SRN) are unsecured debt securities.  These securities are linked to the […]

The Soreide Law Group, with co-counsel Kristian Kraszewski, Esq., recently filed a FINRA arbitration on behalf of their client against the broker/dealer, HENNION & WALSH INC. The Claimant who is retired and in her sixties, also suffers from a multitude of health issues and hearing loss. The primary goal of her investments were to preserve […]

Soreide Law Group has been contacted by investors whose brokers recommended purchasing a high concentration of stock in the energy company, Houston American Energy Corp. (HUSA). Houston American Energy Corp. (HUSA)  52 week range: 0.15 - 0.43 Houston American Energy Corp., an independent energy company, acquires, explores for, develops, and produces natural gas, crude oil, […]