Former Broker Pleads Guilty in $8million Investment Scheme
Herbert S. “Steve” Fouke, 54, a Lafayette, Louisiana, businessman pleaded guilty Friday, September 6, 2014, to federal fraud charges because [...]
Thomas Belesis Charged With Defrauding Investors by SEC
Today, the Securities and Exchange Commission (SEC) charged Thomas Belesis, owner of independent broker-dealer, John Thomas Financial, and a Houston-based [...]
Did You Invest with Former LPL Broker, Alberto Neira?
Securities Lawyer, Lars Soreide of Soreide Law Group, PLLC, recently announced that he is investigating claims against Linsco Private Ledger [...]
FBI, SEC and FINRA Investigating Tommy Belesis’ Firm, John Thomas Financial
In an article, Feb. 7, 2013, in the New York Post, it was reported that (broker-dealer owner), Anastasios “Tommy” Belesis' [...]
FINRA Wants to Change Public Arbitrator Qualifications
The Financial Industry Regulatory Authority Inc., also known as FINRA, is proposing to tighten its definition of “public” arbitrator. FINRA [...]
Does Your Stock Broker Owe You Money?
With the stock market crash of 2008-2009 there has been an onslaught of investors filing lawsuits against their stock brokers [...]
FINRA to Focus on BDCs and Leveraged ETFs in 2013
The Financial Industry Regulatory Authority Inc. (FINRA) released its 2013 regulatory and examination priorities letter. The annual letter alerts the [...]
Sarasota, FL, Rep Barred by FINRA
The following information is from FINRA’s website under “Disciplinary and Other FINRA Actions, January, 2013.” William Earl Manley (CRD #1177744, [...]
SEC’s Statistics Positive News for Investors
The Securities and Exchange Commission, also known as the 'SEC,' has filed 734 enforcement actions the fiscal year that ended [...]
FINRA Fines Total Over $68 Million in 2012
FINRA, the Financial Industry Regulatory Authority levied a total of $68 million in civil fines during 2012, according to statistics [...]
LPL Sued over Nontraded REIT Sales by Massachusetts
Massachusetts securities regulators sued LPL Financial, LLC, in December over sales practices of brokers regarding the REITs. Secretary of the [...]
Did You Invest in Wells Timberland REIT?
Soreide Law Group is currently investigating the Wells Timberland REIT for the investors who suffered financial losses. FINRA, the Financial [...]
Lars Soreide’s Clients Win Settlement Against Harvest Financial, LLC, Due to Negligent Supervison of Broker
The following article appeared in the "Tewksbury Advocate:" "Tewksbury scam victims win $155,250 settlement By Steve Adams GateHouse News Service [...]
Did You Invest in Private Placement Funds with Gramercy Securities?
Securities Lawyer, Lars Soreide, of Soreide Law Group, is currently investigating Gramercy Securities, Inc. This brokerage has been alleged to [...]
Broker Jason T. Knapp Arrested in Alleged Ponzi Scheme
Jason T. Knapp, Corinth, New York, was arrested in connection with a nationwide Ponzi scheme, which allegedly involves hundreds of [...]
$42 Million Ponzi-Like Scheme Shut Down by SEC
The Securities and Exchange Commission (SEC) announced that it obtained an emergency court order to halt an alleged Ponzi-like scheme [...]
SEC Charges in Oil Drilling Scam by South Floridian Joseph Hilton/Yurkin
The Securities and Exchange Commission (SEC) recently announced that it has obtained an emergency court order to freeze the assets [...]
Did You Invest In Praetorian?
Securitites Lawyer, Lars Soreide, has announced an investigation into Praetorian Global Fund (Praetorian). There was an SEC complaint filed against [...]
FINRA Statistics Regarding Disciplinary Actions
The following are statistics compiled by FINRA, the Financial Industry Regulatory Authority, posted recently to their website. The statistics show [...]
David L. Rothman Charged with FRAUD on Elderly Clients
On the SEC's (Securities and Exchange Commission) website, it was announced they filed an injunctive action in the United States [...]