In a recent article from InvestmentNews, it was reported that in a Financial Industry Regulatory Authority Inc. (FINRA) arbitration two claimants were awarded $2.66 million in damages due to losses from the sale of nontraded real estate investment trusts (REITs) and annuities. According to the FINRA award, the two claimants filed the FINRA claim against […]

Soreide Law Group, based in Florida, has filed a FINRA arbitration on behalf of our clients (Claimants) against: CETERA ADVISORS, LLC, and their registered representative, JUSTIN DOLAN (Respondents). The Claimants, who are retired and reside in Florida, bring this lawsuit to recover the losses they claim were due to the sale of unsuitable alternative investments […]

Soreide Law Group, based in South Florida, has filed a FINRA arbitration on behalf of their client (Claimant) against: LPL FINANCIAL LLC (Respondent) The Claimant maintained an investment relationship with LPL FINANCIAL and its Financial Advisor, Samuel Izaguirre of Miami Lakes, Florida. The Claimant was a retired school teacher in her 90s. She was a […]

Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CENTER STREET SECURITIES, INC. (Respondent) The Claimants, a married couple from Arizona, bring this action to recover financial losses they sustained allegedly due to the Respondent’s mishandling of the Claimants’ assets by failing to properly allocate and diversify Claimants’ retirement […]

Soreide Law Group has been contacted by investors who have experienced losses due to their broker/dealers recommending the highly risky, non-traded REIT, NorthStar Healthcare to their investors. In a recent letter to their stockholders, NorthStar Healthcare Income, Inc. wrote to the investors that they were updating information regarding the investment in shares of NorthStar Helthcare’s […]