The Financial Industry Regulatory Authority (FINRA) has censured and fined CAMBRIDGE INVESTMENT RESEARCH, over the supervisory failures in the sale of the LJM Preservation and Growth Fund in 2018.  According to FINRA, without admitting or denying the findings, Cambridge agreed to the censure, the $400,000 fine, and to pay $3.13 million, plus interest, in restitution. […]

JOHN PRONOVOST Misrepresent Your Investments? Soreide Law Group is looking into possible investment-loss related disputes on behalf of clients who invested with Cambridge Investment Research, Inc. securities broker John Pronovost (CRD#: 1990612, Watertown, CT). As the Financial Industry Regulatory Authority (“FINRA”) reports on BrokerCheck, Pronovost, who has been registered through the firm since February 29, […]

Soreide Law Group has been contacted by investors who have suffered losses in the LJM Preservation and Growth Fund (LJMIX). The LJM Capital Preservation and Growth Fund sold three different share classes, and traded under the following symbols LJMIX, LJMAX, LCM. LJMIX has lost approximately 80% of its value in February of 2018. The LJM […]