Recently, investors have contacted Soreide Law Group regarding possible claims to recover losses from concentrated recommendations in illiquid and speculative investments such as HealthWarehouse.com, and Live Microsystems, Inc., allegedly recommended by UBS and its former registered representative, RALPH B. MARRA (CRD# 2128560). According to company information from Bloomberg, Live Microsystems, Inc. (LMSC) does not have […]

Ridgewood Energy Corporation, of Ridgewood, New Jersey, manages private investment funds that develop and drill oil and gas projects located in the United States waters in the Gulf of Mexico. Many broker/dealers have sold Ridgewood Funds to their clients without conducting the a proper suitability analysis for such investments. These funds were not suitable for […]

FINRA, the Financial Industry Regulatory Authority Inc., is alerting broker-dealers to a number of shortcomings in how they communicate with investors about non-traded real estate investment trusts (REITs). According to FINRA, broker-dealers are falling short in a some areas, including distributing materials that contain misleading and inaccurate statements about the potentials of investing in illiquid […]

Soreide Law Group is investigating claims on behalf of investors that purchased the Insight Real Estate LLC debenture. The Insight private placement was a highly illiquid investment that should have been sold to extremely aggressive, accredited investors. Pursuant to NASD Notice to Members 03-71, firms selling Insight were mandated to: (1) Perform due diligence to […]