Investors File Disputes About Hugh Barndollar's Alternative Investment Sales The Financial Industry Regulatory Authority (“FINRA”) reports troubling information relating to securities broker Hugh “Hobby” Ordway Barndollar III (CRD#: 3027317, Land O’ Lakes, Florida). Evidently, Barndollar worked as a securities broker for firms including  JP Turner Company, Newport Coast Securities and Crown Capital Securities. He has […]

CHRISTOPHER CONNESS Sell You Unsuitable Investments? Soreide Law Group is investigating possible investor claims against G.F. Investment Services LLC and securities broker Christopher Conness (CRD#: 4778193, Fort Lauderdale, Florida). Namely, the firm is investigating whether Conness was negligent and failed to act in the best interests of his investor clients with respect to his alternative […]

ROSEMARY TAVERNA Referenced In Commonwealth Financial Network Investor Dispute Soreide Law Group is reviewing potential claims of misconduct, including unsuitable alternative investment sales, against Commonwealth Financial Network securities broker Rosemary Taverna (CRD#: 1244454, Greenwich, Connecticut). Specifically, Taverna shows on her Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Profile that an investor disputed her sales practices. Here […]

GPB Capital Holdings Fraud? Soreide Law Group is investigating possible claims against brokers who may have recommended and sold investors GPB Capital Holdings funds. Evidently, the company operates out of New York as an alternative asset management firm that aims to acquire private income-producing companies. Notably, it has $1.5 billion dollars in capital and more […]

Fort Lauderdale-based Soreide Law Group, (888) 760-6552, recently obtained the following summary of information located on FINRA’s website, under “Disciplinary and Other FINRA Actions, August, 2014.” 79 Capital Securities, LLC (CRD #145511, Orlando, Florida) and Michael Maurice Ward (CRD #2853262, Orlando, Florida) 79 Capital Securities was censured and fined $25,000, jointly with Michael M. Ward […]

Soreide Law Group has been contacted by two former clients of Anthony Diaz (CRD #4131948), a Scotrun, Pennsylvania, financial planner who has been accused by the Financial Industry's Regulatory Authority (FINRA) of allegedly duping dozens of clients out of millions of dollars over the past few years. We are currently investigating these allegations. FINRA alleges […]

Soreide Law Group is currently investigating VSR Financial Services. In May, 2013, VSR Financial Services was sanctioned and fined $550,000 by FINRA for supervisory failures in connection with the sale of non-conventional or alternative investments. The following is a list of various alternative or non-conventional investments suggested to our clients as recommendations of VSR or […]

Recently, FINRA issued an alert regarding “alternative” funds. FINRA points out the key differences between “alternative” funds and the more conventional stocks and bonds. A few points from FINRA on alternative funds: Investment Structure: An alternative fund of funds may offer greater diversification than a single-strategy or even multi-strategy alt fund. At the same time, […]

FINRA continues to crack down on sales of alternative investments. Earlier this week, FINRA, the Financial Industry Regulatory Authority Inc. fined VSR Financial Services Inc., a midsize broker-dealer known for selling alternative investments, $550,000, and imposed a $10,000 fine and 45-day suspension of VSR's chairman, Don Beary. FINRA alleged that from 2005 to 2010, VSR […]