Soreide Law Group, (888) 760-6552, has obtained the following summation of information from FINRA’s website under “Disciplinary and Other FINRA Actions, January, 2014.” Harry Shaw Hammond (CRD #2261856, Registered Principal, Sarasota, Florida) was fined $10,000 and suspended from association with any FINRA member in any capacity for 12 months. Hammond consented to the described sanctions […]

The Soreide Law Group, (888) 760-6552, has obtained he following information on FINRA’s website under “Disciplinary and Other FINRA Actions, September, 2013.” Peter Shawn Chung (CRD #1700865, Registered Representative, North Miami, Florida) has been barred from association with any FINRA member in any capacity. Without admitting or denying the allegations, Chung consented to the described […]

In a recent SEC complaint, there were allegations made against The Nutmeg Group, LLC, and others, that Nutmeg has invested fund assets almost entirely in private investments in public equity ("PIPE") transactions. Nutmeg was an investment adviser of 15 funds.  The SEC alleges in it's complaint that Nutmeg improperly commingled investor and fund assets, and misappropriated over $4 million in fund assets, failed to maintain […]