Edward D. Jones & Co., L.P. dba Edward Jones (CRD #250, St. Louis, Missouri)   was censured, fined $55,000 and ordered to pay $13,231.52, plus interest, in restitution to customers. Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that in corporate fixed income […]

 Joel William Carlson (CRD #2844760, Registered Representative, Vadnais Heights, Minnesota)  was barred from association with any FINRA member in any capacity. Carlson consented to the described sanction and to the entry of findings that he solicited his member firm’s customers to give him a total of at least $734,000, fraudulently misrepresenting to the customers that he would […]

  Tsarina Lau Branyan (CRD #5628096, Registered Representative, Huntington Beach, California) has been fined $7500.00 and was suspended from associating with FINRA members in any capacity for 20 business days. This fine is payable when Branyan re-enters the securities industry. These sanctions were based on FINRA's findings that Branyan sold, or participated in the sales of, securities without […]

Soreide Law Group is currently investigating claims relating to the sale of stock and debentures in Havoc Energy Drink. HAVOC is owned by American Enterprise Development Corporation (OTC: AEND) and manufactures and distributes the popular HAVOC Energy Drink.   If your stock broker or financial advisor recommended the purchase of AEND call Soreide Law Group for a […]

Brent Robert Bishop (CRD #2348912, Registered Principal, Tulsa, Oklahoma) has been barred from association with any FINRA member in any capacity and ordered to pay restitution in the total amount of $58,000, plus interest, to customers. These sanctions were based on FINRA's findings that Bishop misappropriated funds from his member firm’s customers by intentionally converting $40,000 […]

Daniel Edward Becerril II (CRD #4489715, Registered Representative, Huntington Beach, California) has been barred from association with any FINRA member in any capacity and this sanction was based on FINRA's findings that Becerril made willful misrepresentations and omissions to his customer by telling her that he would invest an $11,500 inheritance in a mutual fund, when […]

Milton Charles Ault III (CRD #2157788, Registered Principal, Fountain Valley, California) was fined $75,000, he was suspended from association with any FINRA member in any capacity for two years and Ault was ordered to pay $312,916.06, plus interest, in restitution to investors. This fine must be paid either immediately upon Ault’s reassociation with a FINRA […]

Yesterday, June 12, 2012,  The Securities and Exchange Commission (SEC) charged 14 sales agents who misled investors and illegally sold securities for a Long Island-based investment firm at the center of a reported $415 million Ponzi scheme.  The SEC alleges that the agents promised falsely that investor returns would be as high as 12 to 14 percent […]

Soreide Law Group, PLLC, is currently investigating IMH Secured Loan Fund sold by broker Randy Albers for possible claims. IMH Financial Corporation is a real estate finance company operating in the southwest United States. The company, formerly known as IMH Secured Loan Fund, LLC, focuses on the acquisition and origination of mortgage loans, mezzanine loans, other debt […]