MSC Income Fund aims to generate income and capital appreciation by investing in small and mid-sized companies. However, a reported drop in the Net Asset Value (NAV) and the suspension of distributions have raised questions about the fund's financial stability, potentially exposing investors to substantial losses. Below, Soreide Law Group goes over some concerns for […]

Investors possibly experienced losses due to securities broker Gihan Anil Fernando (also known as Gihan Raphael Fernando) [CRD: 4469669, Houston, Texas], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Gihan Fernando worked for BOK Financial Advisors and BOK Financial Securities Inc. from March 7, 2003, to November 8, 2023. He joined Cetera […]

Berthel Fisher Clients Allege Unsuitability, Misrepresentation By Securities Broker Steve Cummings Soreide Law Group is reviewing potential investor claims to bring against Berthel Fisher Company Financial Services and securities broker Steve Jeffrey Cummings (CRD#: 2274017, Fort Deposit, Alabama). Evidently, four clients filed disputes about Cummings alleging sales practice violations on alternative investments. Read on to […]

Investors Take Aim At Adam Belardino Over Insurance, BDC Sales Soreide Law Group is investigating possible investor claims against securities broker Adam Belardino (CRD#: 5221927, Elmsford, New York). Evidently, the Financial Industry Regulatory Authority (“FINRA”) reports that five or more investors contested the sales practices of the securities broker, who worked for MML Investors Services […]

Losses From VII Peaks Co-Optivist Income BDC II? Did you invest in VII Peaks Co-Optivist BDC II because of your broker or financial advisor? Apparently, this non-diversified closed-end company, which elects to be treated as a business development company (“BDC”), invests in equity-linked debt securities and discounted corporate debt securities of private and public companies, […]

Soreide Law Group Investigating John Carroll Soreide Law Group is reviewing possible investor claims against Berthel Fisher Company Financial Services securities broker John Carroll (CRD#: 41769). Specifically, according to the securities broker’s FINRA BrokerCheck Report, three clients filed disputes against him, and two securities firms discharged him for bad behavior. Here’s more on the allegations […]

Business Development Corporation of America (BDCA) Losses? Soreide Law Group is investigating possible claims on behalf of investors who purchased Business Development Corporation of America (BDCA). BDCA is a New York, New York based business development company making debt investments in middle-market companies. Soreide Law Investigating (BDCA) Losses? Business development companies (BDCs) are entities investing […]

The Financial Industry Regulatory Authority Inc. (FINRA) released its 2013 regulatory and examination priorities letter. The annual letter alerts the broker-dealer community to what Finra examiners will be looking for in the coming year. FINRA will continue to watch yield-oriented products this year but FINRA also will be focusing on business development companies (BDCs), exchange-traded […]

In an InvestmentNews.com article by Bruce Kelly, April 1, 2012, he writes that shortly after Susan Fox bought a nontraded real estate investment trust for her IRA, the REIT started to show quarterly losses. But when she met with her broker to discuss her concern, he sold her a second nontraded REIT. Kelly writes that […]