Soreide Law Group has been contacted by several investors who have suffered devastating losses as a result of their broker/dealer or financial advisors recommending investing in the private placements offered by the oil and gas company: PENNECO DRILLING ASSOCIATES According to PENNECO DRILLING ASSOCIATES’ website, PENNECO is an oil and gas exploration company that was […]

On November 17, 2017, the Financial Industry Regulatory Authority (FINRA) fined former Morgan Stanley registered representative, TIMOTHY THOMAS GIBBONS (CRD#: 219872), $20,000, suspended him for 18 months, and required him to pay approximately $717,000 in restitution to five elderly clients. Gibbons allegedly over-concentrated the clients' accounts in a single high-risk energy sector security. According to […]