On the Financial Industry Regulatory Authority's website (FINRA) it was announced that it had fined Citi International Financial Services LLC, a subsidiary of Citigroup, Inc., $600,000 and ordered more than $648,000 in restitution and interest to more than 3,600 customers for charging excessive markups and markdowns on corporate and agency bond transactions, and for related supervisory violations. Executive […]

Soreide Law Group, PLLC, is currently investigating Cawley Fund I, LLC Private Placement, and Cawley Fund II. If you or a loved one have suffered a loss by investing in these private placement funds, we may be able to help you recover your losses.  Your broker or financial advisor may have recommended this fund to you, or […]

In an April 12, 2012, article for Forbes, Halah Touryalai writes that Goldman Sachs was hit with a $22 million penalty for claims that its analysts shared non-public short-term trading ideas with favored clients. Touryalai reports that Goldman Sachs agreed to settle the charges that its equity analysts met during weekly “huddles” with the firm’s traders […]

THE FOLLOWING IS AN ARTICLE FROM THE SEC’S WEBSITE: "The Securities and Exchange Commission (SEC) announced that a federal judge in Massachusetts entered a final judgment on March 14, 2012 ordering defendant James J. Konaxis, formerly a registered representative of Beverly-based broker-dealer Sentinel Securities, Inc., to disgorge more than $483,000 in commissions earned over a two-year […]

The following information is from FINRA’s website under “Disciplinary Actions, March, 2012:"   Dominick Amadeo Zavaglia Jr. (CRD #5500264, Registered Representative, Miami, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for six months. The fine must […]

The following information is from FINRA’s website under “Disciplinary Actions, March, 2012:"   Allan Anthony Scheer (CRD #2775825, Registered Principal, Melbourne, Florida)   submitted an Offer of Settlement in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for four months. The fine is to be paid upon […]

The following information is from FINRA’s website under “Disciplinary Actions, March, 2012:"   Sergio M. Ripamonti (CRD #2786045, Registered Representative, Sunny Isles Beach, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Ripamonti consented […]

The following information is from FINRA’s website under “Disciplinary Actions, March, 2012:   Scott David Mason (CRD #3270983, Registered Principal, Debary, Florida)   submitted an Offer of Settlement in which he was suspended from association with any FINRA member in any capacity for 18 months and required to requalify by examination prior to associating with […]

The following information is from FINRA’s website under “Disciplinary Actions, March, 2012:   Erick Enrique Isaac (CRD #5691821, Registered Representative, Aventura, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Isaac consented to the […]