In a Nov. 11, 2011 article from Bloomberg, we learn that  Birmingham, Alabama, once, the most prominent industrial center in the Southeast has been on a long losing streak that just got longer. Daimler AG opened a Mercedes-Benz factory in Vance, in 1997,one county west of the state’s biggest city. Honda Motor Co. put a plant […]

In a Bloomberg article from Nov. 11, 2011 they write that E*Trade Financial Corp., the fourth- largest U.S. online brokerage by client assets, dropped the most in the Standard & Poor’s 500 Index after the board rejected putting the company up for sale. It was reported that E*Trade declined 3.6 percent to $9.14 at 11:58 a.m. New […]

Soreide Law Group, PLLC, is currently investigating claims on behalf of investors in the following firms regarding stock/securities losses: Laidlaw & Company, with locations throughout the United States and the UK, First Midwest Securities, Inc. (FMSI) established in Wisconsin in 1989, FMSI has since relocated to Bloomington, Illinois, Obsidian Financial Group, with offices in New York and […]

Soreide Law Group, PLLC is currently investigating potential claims related to the Foresee Strategies Insurance Funds 3(c)(1) and 3(c)(7), which were offered via an annuity issued by Sun Life Financial and sold to investors by SagePoint Financial, Inc. and other securities brokerage firms. Foresee Strategies Insurance Funds were part of the SALI Multi-Series Funds 3(c)(1) and 3(c)(7), […]

Soreide Law Group, PLLC,  is currently investigating claims against Laidlaw & Company stock broker, Joseph Fedorko, Stamford, CT.  Joseph Fedorko, listed as "managing director" of Laidlaw & Company's Stamford, CT, branch, has eight customer complaints on his record with three more pending complaints.  Joseph Fedorko has been with Laidlaw & Company since May, 2009. Securities Attorney, Lars Soreide, […]

In a November 16th., 2011, Sun-Sentinnel article, Donna Gehrke-White writes that a Ft. Lauderdale brokerage was fined $20,000, a Plantation broker was suspended for two years and a Coral Springs man was barred from working with any brokerage, according to November's report on disciplinary action taken by FINRA, the private regulatory agency that oversee securities companies. Newbridge […]

 In a November 15th., 2011, Bloomberg Businessweek article they write that a unit of JPMorgan Chase & Co. was ordered to reimburse investment customers more than $1.9 million and was fined $1.7 million over how it sold unit investment trusts and floating-rate loan funds. FINRA, the Financial Industry Regulatory Authority announced the settlement on Tuesday after […]

Raymond James & Associates, Inc. (CRD #705, St. Petersburg, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured, fined $12,500 and ordered to pay $1,849.33, plus interest, in restitution to investors.   Also, without admitting or denying the findings, the firm consented to the described sanctions and to […]

Raymond James & Associates, Inc. (CRD #705, St. Petersburg, Florida) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $15,000. Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that it failed to transmit ROEs ( Return On Equity […]