Investors have voiced complaints about securities broker Brian Charles Kennedy (CRD: 2321416, Camp Hill, Pennsylvania). Notably, the securities broker, who worked for Lincoln Financial Advisors Corporation, disclosed client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. Namely, Lincoln Financial Advisors Corporation clients allege that Kennedy made unsuitable recommendations. For more on these disclosures about Kennedy, […]

Soreide Law Group Looking At Possible Investor Lawsuits Relating To Rex Energy Soreide Law Group is reviewing investor lawsuits against financial advisors and securities brokers who may have been unsuitably sold investments in R.E. Gas Development LLC, also known as Rex Energy Corporation (NYSE: REXX). Notably, in May of 2018, the State College-based company filed […]

Did Your Advisor Unreasonably Sell You Ferrellgas Partners Notes? Soreide Law Group is considering possible investor claims against financial advisors who may have unreasonably advised their clients to purchase bonds, notes or other debt securities issued by Ferrellgas Partners, LP (OTCMKTS: FGPR). Evidently, the company’s operating group, Ferrellgas LP, barely avoided disaster last year when […]

Sanchez Energy Corporation (SNECQ) and certain of its subsidiaries have received interim approvals from the U.S. Bankruptcy Court for the Southern District of Texas related to the voluntary Chapter 11 petitions filed on Aug. 11, 2019. According to the Houston Chronical, Sanchez Energy Corporation (SNECQ), a Houston oil company that was once one of the […]

On January 30, 2017, Azure Midstream Partners LP (AZUR) announced that they, along with its affiliates and certain subsidiaries, began Chapter 11 cases in the United States Bankruptcy Court for the Southern District of Texas.  This was in efforts to manage its debt obligations and conserve its going concern value. The company also anticipates filing a […]

Securities Lawyer, Lars Soreide, Esq., of Soreide Law Group, was recently quoted in an article from the New York-based “FinancialPlanning” regarding recent FINRA arbitrations filed on behalf of clients against financial advisor, George Merhoff, Jr., and the firm Cetera Advisors LLC, of Denver, Colorado, for Merhoff allegedly selling oil and gas investments in large concentrations […]

Nearly 80 energy-related companies have filed for bankruptcy since 2015 due to the plummeting prices of crude oil.  Soreide Law Group continues to hear from a growing list of investors whose brokers recommended a high-concentration of risky oil and gas stocks for their conservative portfolios causing devastating losses to their, in many cases, retirement portfolios. […]

In a recent article in Reuters, they state that analysts at Wells Fargo Securities wrote that oil prices below $40 per barrel are not sustainable for most producers and high cost structures are expected to push more oil producers into restructurings or bankruptcies in the next 12-18 months. Call Our Securities Lawyers To File Your Claim […]

On July 21, 2014, California officials said a $20.4 million judgment was obtained against Synergy Oil LLC, a Newport Beach firm, and company manager, Robert Falco, for fraudulently marketing oil and gas investments. The judgment was ordered in late June in Orange County Superior Court. The judge ordered the defendants to return the money clients […]