The Securities and Exchange Commission (SEC),filed an application with the United States District Court for the Northern District of Georgia on June 12, 2013, for an order to enforce investigative subpoenas served on Bridge Securities, LLC, Bridge Equity, LLC, Bridge Equity, Inc. and FOGFuels, Inc. of Atlanta, Georgia. All are under the control of Paul […]

Herbert S. “Steve” Fouke, 54, a Lafayette, Louisiana, businessman pleaded guilty Friday, September 6, 2014, to federal fraud charges because of an investment scheme involving $8 million from clients. Fouke pleaded guilty to conspiracy to commit securities fraud, investment adviser fraud, wire fraud and mail fraud. Allegedly, Fouke recruited friends and business associates to become […]

Herbert S. “Steve” Fouke, 54, a Lafayette, Louisiana, businessman pleaded guilty Friday, September 6, 2014, to federal fraud charges because of an investment scheme involving $8 million from clients. Fouke pleaded guilty to conspiracy to commit securities fraud, investment adviser fraud, wire fraud and mail fraud. Allegedly, Fouke recruited friends and business associates to become […]

Soreide Law Group, a Securities Arbitration Law Firm, is investigating claims against broker/dealers who sold Behringer Harvard Strategic Opportunity Fund I. InvestmentNews reported, that the Strategic Opportunity Fund I was "underwater," meaning that it is now worthless. InvestmentNews added that “its liabilities are greater than its assets.” The Behringer Harvard Strategic Opportunity Fund I, first […]

Soreide Law Group, a Securities Arbitration Law Firm, is investigating claims against broker/dealers who sold Behringer Harvard Strategic Opportunity Fund I. InvestmentNews reported, that the Strategic Opportunity Fund I was "underwater," meaning that it is now worthless. InvestmentNews added that “its liabilities are greater than its assets.” The Behringer Harvard Strategic Opportunity Fund I, first […]

Many insurance companies are promoting their annuities, indexed annuities and hybrid annuities with a 7% annuity guaranteed income riders due to low interest rates and volatile stock markets. Investors, especially retired investors who may be handling their own investments management, are encouraged to make sure they understand exactly what “guaranteed income” means. The popular 'Income […]

Many insurance companies are promoting their annuities, indexed annuities and hybrid annuities with a 7% annuity guaranteed income riders due to low interest rates and volatile stock markets. Investors, especially retired investors who may be handling their own investments management, are encouraged to make sure they understand exactly what “guaranteed income” means. The popular 'Income […]

The Financial Industry Regulatory Authority's (FINRA) 2013 fines and disciplinary actions are short of the 2012 totals. During the first half of 2013, FINRA reported $23 million of fines in its monthly "Disciplinary and Other FINRA Actions." However, during the first half of 2012, FINRA reported fines of broker-dealers and associated persons at $39 million, […]

The Financial Industry Regulatory Authority's (FINRA) 2013 fines and disciplinary actions are short of the 2012 totals. During the first half of 2013, FINRA reported $23 million of fines in its monthly "Disciplinary and Other FINRA Actions." However, during the first half of 2012, FINRA reported fines of broker-dealers and associated persons at $39 million, […]