Raymond James, FINRA ID # 11-03503 (Bradenton, FL, 8/21/2012) A split FINRA arbitration panel awarded $985,700, including triple damages, to an elderly customer on his misappropriation claim. This award against Paul David Arnold, and Raymond James and Associates, Inc., of Bradenton, Florida, involved the purchasing of an annuity, electronic transfers and conversion of funds of […]

Soreide Law Group would like to list some simple tips for investors. It is heartbreaking to hear some of the stories we hear almost on a daily basis. We caution would-be investors with some simple reminders when thinking of investing. Often, people who do not wish to invest in 'risky' products, are put in just […]

Did your broker/dealer sell you, an unaccredited investor, private placements in Breakthrough Ventures? Soreide Law Group is currently investigating claims against the brokers who sold these private placements to clients in the United States and Europe. This private placement may not be suitable for some investors, especially the more conservative investor, not willing to take […]

Soreide Law Group is currently investigating the sale of shares in Club 50, Inc., through a private placement offering by various FINRA registered broker dealers. Club 50 Inc., is located at 360 South Center Street, Suite 500, Reno, Nevada 89501. If your broker/dealer sold you this private placement, offering it to you as a “safe” […]

Soreide Law Group is currently investigating claims by investors of ICON Leasing Fund Eleven, LLC. ICON Leasing Fund Eleven purchases, and leases equipment to third parties in the United States, Canada, and Europe. It also provides financing. This fund was founded in 2004. As with any private placement, investments in ICON Leasing Fund Eleven involve […]

The Securities and Exchange Commission (SEC) voted yesterday to allow the issuers of private securities, such as hedge funds, to advertise their offerings and make solicitations to the public writes Dan Jamieson for InvestmentNews.com. This rule change is mandated under the "Jumpstart Our Business Startups Act." Solicitation and advertising of private offerings, which would include […]

Did you buy the Tsunami Lake Shore Integrated Fund, LLC, (“Tsunami Investments”) and other structured products from William John Anderson’s? Anderson may have recommended an investment in Tsunami Lake Integrated Fund, LLC, which was pursued by the US Commodity Futures Trading Commission as a fraudulent investment scam. William John Anderson is a broker with Morgan […]

The Soreide Law Group, PLLC, is currently investigating claims by investors of the Thompson National Properties 12 Percent Notes Program a/k/a TNP 12 Percent Notes. Thompson National Properties LLC, have suspended interest payments to investors in a private placement sold to raise capital for the firm. Thompson has suspended interest payments on the Thompson National […]

Andrew James Aragona (CRD #1320844, Registered Representative, Deerfield Beach,Florida) was fined $138,500 and suspended from association with any FINRA member in any capacity for one year. These sanctions were based on findings that Aragona recommended unsuitable variable annuity switches to an elderly customer. The FINRA findings stated that Aragona failed to conduct an objective, quantitative […]