This past Tuesday, May 1st., FINRA, the Financial Industry Regulatory Authority, Inc. fined four major brokerages $9.1 million for selling complex ETFs (Exchange Traded Funds) to investors whose portfolios were otherwise conservative.  Without admitting or denying the charges, the brokerges will be paying $7.3 million in fines, and $1.8 million in restitution to the clients who […]

The Securities and Exchange Commission (SEC) announced on May 1, 2012, that they  charged UBS Financial Services Inc. of Puerto Rico and two executives with making misleading statements to investors, concealing a liquidity crisis, and masking its control of the secondary market for 23 proprietary closed-end mutual funds. UBS Puerto Rico will settle the SEC’s charges by […]

Attention Cawley Multifamily Fund I, LP Investors:  You may be able to recover your investment losses in Cawley Fund by filing a FINRA arbitration against your selling broker.   The broker/dealers that sold the Cawley Fund include, Optivest, Capital Financial Services, Inc.; Calton & Associates, Inc.; and VSR Financial Services, Inc. Soreide Law Group is investigating […]

The Financial Industry Regulatory Authority, or FINRA, recently awarded the following settlements in arbitrations:     Robinson v. Schmerman, FINRA ID # 12-00389 (Phoenix, AZ, 4/18/2012) - A sole Arbitrator, in a bifurcated Rule 12801 default proceeding, holds a broker who allegedly failed to follow instructions liable to a customer for $538,400, including $100,000 in punitive damages. […]

Attention Odyssey Investors. You may be able to recover your investment losses in Odyssey by filing a FINRA arbitration against your selling broker.   Odyssey Properties III, LLC, has raised over $28 million dollars selling notes. Odyssey began selling notes through a private placement offering of the notes. These notes were marketed and sold by […]

Soreide Law Group is filing FINRA Arbitrations on behalf of investors who invested in Direxion 3x Funds: FAZ, ERY, BGZ, and TZA.  Leveraged ETF’s have now imploded and regulators and investors have finally woken up and are beginning to pay attention. Major fines have just been handed down to the industries top brokerage houses for […]

Soreide Law Group is investigating the sale of secured debentures by Warsowe Acquisition Corporation. Warsowe is located in Florida and offered different series of investments secured by collateral assignments and corresponding mortgages.   Many of these investments were sold through Andrew Stuart Asset Management, located in Coral Springs, Florida. These investments may have been touted […]

Securities Lawyer, Lars K. Soreide, of Soreide Law Group has announced an investigation into claims on behalf of  investors who may have suffered  significant  investment  losses due to Jeffrey Scott Donner. Jeffrey Scott Donner (CRD #2631248, Registered Principal, Weston, Florida) was a  financial advisor with Cape Securities, Aura Financial, and Saxony Securities. Donner has been permanently barred from the securities industry with FINRA, and […]

Soreide Law Group is currently investigating claims on behalf of our clients who may have suffered losses by investing in Amidee Capital and the Inland American REITs. They are non-traded Real Estate Investment Trusts, commonly known as 'REITs', which may have liquidity and redemption risks that may have not been known to investors.    If you or a family member have sustained […]