Soreide Law Group (888-760-6552) represents clients nationwide before FINRA.  We obtained the following information from FINRA’s April 2017 Disciplinary Report: James David Calder II (CRD #4022637, Borger, Texas) was assessed a deferred fine of $15,000 and suspended by FINRA for six months for allegedly engaging an undisclosed outside business activity by participating in the sale […]

On April 8, 2015, the Securities and Exchange Commission (SEC) charged Los Angeles-based Pacific West Capital Group Inc. and its owner Andrew B. Calhoun IV, of Beverly Hills, with fraud in the sale of "life settlement" investments. ( "Life settlements" are securities which are structured when a life insurance policy "matures" after the insured individual […]

In an InvestmentNews.com article, Darla Mercado writes that two registered representatives with Planmember Securities Corp. could lose their securities licenses in Texas and face fines of $100,000 each for the improper sale of life settlement notes. The brokers, Jimmy Wayne Freeman Jr. and Kris Bradford Rhoden, were due to appear at the State Office of Administrative […]