Soreide Law Group is investigating potential investor claims of sales practice violations possibly committed by securities broker Michael Raymond Frager [CRD: 1230622, Winneconne, Wisconsin], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Frager worked for Willow Cove Investment Group Inc. since April 27, 2020, and for Balboa Wealth Partners Inc. since November […]

Wells Fargo Client Alleges That Broker Jordan Samelson Made Unauthorized Options Trades The Financial Industry Regulatory Authority (FINRA) shows that five or more investors filed disputes about securities broker Jordan David Samelson (CRD#: 2984356, Huntington, New York). Evidently, as of April 2016, Samelson works for securities firm Wells Fargo Clearing Services LLC in the capacity […]

FINRA, the Financial Industry Regulatory Authority announced that it fined two firms $2.15 million and ordered the firms to pay more than $3 million in restitution to customers for losses incurred from unsuitable sales of floating-rate bank loan funds. Floating-rate bank loan funds are mutual funds that generally invest in a portfolio of secured senior […]

The following information is from FINRA’s website under “Disciplinary Actions, April, 2012:”   Banc of America Investment Services, Inc. dba Merrill Lynch, Pierce, Fenner & Smith Incorporated (CRD #7691, New York, New York)  submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $55,000. The firm has already paid […]

  Gary Harrison Lane has been accused of improprieties in his client's accounts. These accusations relate to the sale of government debt and or notes. Our investigation revealed that Gary Lane may have been involved in the sale of what could ultimately prove to be a ponzi scheme.   If the investigation later proves that Gary […]