April 2, 2024

Soreide Law Group Wins Award Against Katalyst Securities and Peter Kyle Janssen

law books, a gavel and the scales of justice on a table in front of a flag

The South Florida Securities Law Firm, Soreide Law Group, recently obtained an award on behalf of their client (Claimant) relating to the failed private placement investment in Mega Block Chain.

The Claimant was seeking compensatory damages for the financial loss, and the 3 member FINRA Arbitration Panel awarded the Claimant the majority of the compensatory damages sought. The Panel awarded this money both jointly and severally against, Katalyst Securities, and their former broker, Peter Kyle Janssen (Respondents), which means both Respondents are responsible for the assigned monetary damages.

The FINRA Panel also assessed the majority of the costs to the Respondents. Lead Attorney, Lars K. Soreide, Esq., represented the Claimant in the hearing and is satisfied with the outcome they were able to achieve for their client. 

For a link to the recent award click here: 23-00044 Final Award.pdf

According to FINRA’s BrokerCheck, Peter Kyle Janssen, has been in the securities industry for 11 years and has been listed with 3 firms.  He has 4 disclosures on his FINRA CRD report, all of them are, “Customer Disputes,” which have all settled.  Janssen was with Katalyst Securities in New York, NY, from 2015-2020.

Peter Kyle Janssen has been listed with the following firm since 12/21/2022:

JANSSEN PARTNERS, INC.

1010 NORTH B STREET
FAIRFIELD, IA 52556

Lars K. Soreide, Esq., has been representing Claimant's in FINRA arbitration hearings for over 15 years and has recovered tens of millions of dollars for his securities clients. If you’ve experienced financial losses due to the actions or recommendations of your broker/dealer, contact Soreide Law Group for a free consultation with a securities lawyer regarding the possible recovery of your investment losses through a FINRA arbitration at:  888-760-6552.

Soreide Law Group represents our clients nationwide before FINRA on a contingency fee basis, no fee to you if no recovery.

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