Have you experienced investment losses due to your broker/financial advisor recommending the energy-related stock Teekay Offshore Partners LP (TOO)? Call Soreide Law Group for a no-cost consultation with a lawyer to discuss the possibility of recovering your losses at: 888-760-6550. TOO’s 52-week range was 3.68 - 24.74. Teekay Offshore Partners L.P. provides marine transportation, oil […]

Did your broker recommend purchasing Legacy Reserves LP (LGCYP)? Legacy’s 52 week range was 4.97 - 21.90. Legacy Reserves LP owns and operates oil and natural gas properties in the United States. As of December 31, 2014, the company owned interests in producing oil and natural gas properties in 665 fields comprising 11,121 gross productive wells, […]

Soreide Law Group recently filed a FINRA arbitration against UBS for oil investment losses. The 52 year-old Claimant from New York, alleges that the master limited partnerships "MLPs" and other oil and gas related investments were inappropriate for him.  The Claimant also named his UBS broker in the lawsuit. Under the management of his UBS […]

Soreide Law Group obtained the following information from FINRA’s website under, “Disciplinary and Other FINRA Actions December 2015.” JOSEPH R. BUTLER (CRD# 2447535 Brandywine, Maryland) was barred by FINRA and ordered to pay $170,408.18, plus interest, in restitution to his former client. The NAC affirmed the hearing panel’s findings that Butler allegedly converted an elderly […]

Florida-based Soreide Law Group obtained the following information from FINRA’s website under, “Disciplinary and Other FINRA Actions December 2015.” Louis Karl Kittlaus (CRD #602059, Naples, Florida) was assessed a deferred fine of $25,000, suspended by FINRA for two years, and ordered to requalify by examination before becoming registered again in any capacity in the securities […]

MALCOLM SEGAL (CRD# 1723563) 69, of Langhorne, Pennsylvania, and Boynton Beach, Florida, was charged by the Securities and Exchange Commission (SEC) on July 1, 2015 with conducting a Ponzi scheme and an indictment was opened charging Segal with six counts of mail fraud, and three counts of wire fraud. Segal was permanently barred by FINRA. […]

RICHARD W. OHRN (CRD# 5106991) Boca Raton was barred by FINRA over a complaint filed against Ohrn for the theft of $15,250 from two elderly clients’ accounts. Ohrn neither admitted to or denied FINRA's findings. Allegedly Ohrn also forged the signatures of four firm clients according to FINRA and changed the addresses of these clients […]

KEITH M. ROGERS (CRD# 4987615), 41, of Huntsville, Alabama, was arrested and charged with 10 counts by the Alabama Securities Commission with stock fraud. Allegedly, according to the Alabama Securities Commission, Rogers used approximately $2.5 million dollars of investors' funds to pay his own personal expenses, and used as 'Ponzi-scheme' payments to his earlier investors. […]

Recently, the Securities and Exchange Commission (SEC) announced enforcement actions taken against the following 36 municipal underwriting firms for violations in municipal bond offerings. The cases are the first brought against underwriters under the Municipalities Continuing Disclosure Cooperation (MCDC) Initiative, a voluntary self-reporting program targeting material misstatements and omissions in municipal bond offering documents. In […]