Soreide Law Group securities attorney, Lars Soreide, is currently investigating Cyprus Equipment Fund 14, LLC. If your broker sold you this private placement, and you experienced financial losses, we would like to speak to you. The following are the other Cyprus Equiment Funds: Cypress Equipment Fund VII Cypress Equipment Fund VIII Cypress Equipment Fund IX […]

The following are statistics compiled by FINRA, the Financial Industry Regulatory Authority, posted recently to their website. The statistics show that investor complaints are down while disciplinary action is at a 5 year high. Investor Complaints Received by FINRA In 2007 there were 4,552 complaints received by FINRA. However, in 2011 there were 2,979 down […]

Securities Lawyer, Lars Soreide, of Soreide Law Group, is investigating the following investments. If your stock broker/financial advisor recommended the following investments you may be able to pursue a claim through a FINRA arbitration. Many of the brokerage firms that sold these investments carry errors and omissions insurance which may offer some level of redress […]

On the SEC's (Securities and Exchange Commission) website, it was announced they filed an injunctive action in the United States District Court for the Eastern District of Pennsylvania against David L. Rothman of Richboro, PA, a registered representative, Vice President, and minority owner of Rothman Securities, Inc., a registered broker-dealer, for conducting a fraud by […]

The following information is from FINRA’s website under “Disciplinary and Other FINRA Actions, November, 2012.” Brennan R. Lollar (CRD #5287737, Registered Representative, St. Petersburg, Florida) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Lollar misappropriated funds from a bank where he worked as a branch […]

The following information is from FINRA’s website under “Disciplinary and Other FINRA Actions, November, 2012.” Ellen Joyce Erenstein (CRD #3244253, Registered Representative, Boynton Beach, Florida) was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Erenstein consented to the described sanction and to the entry of findings that […]

The following information is from FINRA’s website under “Disciplinary and Other FINRA Actions, November, 2012.” Evan Coley Eggers (CRD #5205969, Registered Representative, Jacksonville, Florida) fined $5,000 and suspended from association with any FINRA member in any capacity for six months. Without admitting or denying the findings, Eggers consented to the described sanctions and to the […]

FINRA, the Financial Industry Regulatory Authority, alleges Roman Sledziejowski, the Polish president and owner of TWS Financial, LLC, in Brooklyn, N.Y., used customer funds for his own use and gave false statements to clients from June, 2009, through August, 2012. FINRA alleges Sledziejowski defrauded three Polish customers of more than $4 million by taking money […]

FINRA, the Financial Industry Regulatory Authority, plan to warn parties in its arbitration hearings against using electronic devices to secretly record and transmit the proceedings writes Dan Jamieson in a recent article in InvestmentNews.com. This warning began by complaints from the Securities Experts' Roundtable Inc., a group of expert witnesses, about several instances of “electronic […]