Soreide Law Group obtained the following information from FINRA’s website under, “Disciplinary and Other FINRA Actions, December 2016: Investors Capital Corp (CRD #30613, Lynnfield, Massachusetts) was censured, fined $250,000 and required to pay $841,532.97 in restitution, which includes interest to clients. Investors Capital Corp has already paid approximately $224,500 in restitution to affected customers in […]

PATRICIA S. MILLER (CRD# 2302464) formerly registered representative with Investors Capital in McMurry, Pennsylvania, a branch of Massachusetts-based Investors Capital Corporation, was arrested and charged with wire fraud. Several of her clients claim she allegedly misappropriated their investments worth hundreds of thousands of dollars. According to the court records, Miller attempted suicide and was slumped […]

The following summary of information is available on FINRA's Website under “Disciplinary and Other FINRA Actions, May, 2014.” Investors Capital Corp. (CRD #30613, Lynnfield, Massachusetts) was censured and fined $100,000 by FINRA. According to the FINRA report, allegedly Investors Capital Corp. failed to give exchange-traded fund (ETF) prospectuses to their customers. (The definition in finance […]