Atlas Energy LP is asking for investors to contribute at least $25,000 in a partnership that will drill for oil and gas in Texas, Ohio, Oklahoma and Pennsylvania.  They will then share any revenue from the wells output according to a recent article in Reuters.  The subsidiary, Atlas Resources LLC wants to raise up to […]

The Pompano Beach, Florida-based Soreide Law Group obtained the following information from FINRA's website under, "Disciplinary and Other FINRA Actions, April 2016."   Giovanni L. Acevedo (CRD #2508321, Wilton Manors, Florida) was barred by FINRA for allegedly converting more than $160,000 from individuals, including clients, for his own personal use. FINRA's findings stated Acevedo provided […]

Soreide Law Group is actively filing cases on behalf of clients who purchased stock in the world's largest independent coal producer, Peabody Energy (BTU), on the recommendations of their brokers or financial advisors.  The clients we are currently representing have experienced devastating losses to their portfolios. Many of these clients planned on their investments in […]

Soreide Law Group in interested in speaking with investors who were recommended purchasing stock in the now bankrupt oil and gas company, Cubic Energy Inc., by their brokers or financial advisors, particularly those with Wells Fargo. Due to the fact that Cubic Energy Inc. was highly indebted to Wells Fargo, it has been alleged that […]

Soreide Law Group recently has filed lawsuits on behalf of our clients against brokers/financial advisors for recommending the purchase of Black Elk Energy Offshore Operations, LLC. On April 12th., 2016, Black Elk Energy Offshore Operations filed with the U.S. Bankruptcy Court a Chapter 11 Plan of Liquidation and related Disclosure Statement. The Disclosure Statement reads […]

Soreide Law Group has filed several lawsuits on behalf of our clients against broker/dealers for recommending Energy XXI.  On April 14, 2016, Energy XXI filed for bankruptcy protection, which makes it one of the largest casualties of the oil and gas industry to date. Energy XXI Ltd. is a U.S. oil and gas producer which […]

The Financial Industry Regulatory Authority (FINRA) began a Securities Helpline for Seniors one year ago, and since then more than $1.25 million in reimbursements have gone back to the clients because the regulator raised the issues to the firms, according to Susan Axelrod, FINRA’s executive vice president of regulatory operations. “I have to commend firms that […]

Soreide Law Group continues to file several cases regarding the collapse of the oil and gas industry and the devastating losses our clients have endured.  We have filed many cases for our clients involving Linn Co, (LNCO). These clients have lost, at an alarming rate, nearly their entire life savings due to this plummeting energy […]

Soreide Law Group is currently handling cases involving clients who purchased Azure Midstream Partners (AZUR) and have experienced devastating losses. 52wk Range: 1.06 - 23.29 Azure Midstream Partners (AZUR) announced financial and operating results for the three months ending December 31, 2015.  Azure had a net loss of ($1.8) million for the quarter. The President and CEO, […]