Soreide Law Group has filed a FINRA arbitration on behalf of their clients (Claimants) against:  AMERITAS INVESTMENT CORP. (Respondent)  The Claimants are a retired, married couple who allegedly relied upon AMERITAS INVESTMENT CORP. and its former financial advisor, Michael Arteca. The lawsuit states that Arteca had sold the Claimants an annuity with a guaranteed income benefit. […]

The Financial Industry Regulatory Authority, also known as FINRA, has issued a notice on their website which provides guidance to broker/dealers on the communications they have with their clients regarding unlisted real estate investment programs, including unlisted real estate investment trusts (REITs) and unlisted direct participation programs (DPPs) which invest in real estate. Recently, in […]

FINRA recently issued a notice providing guidance to its members on communications with the public regarding unlisted real estate investment programs, (REITs) and real estate direct participation programs. Disclosure: Firm communications containing descriptions of a real estate program must be consistent with the program’s current prospectus and must not imply an investment in the program […]