Soreide Law Group's  Instablog

Soreide Law Group
Send Message
Soreide Law Group, PLLC, is a securities litigation firm that is committed to helping victims recover financial losses due to fraudulent or negligent conduct on behalf of stock brokers or financial advisors. We are able to represent investors nationwide in the handling of their securities... More
My company:
Soreide Law Group PLLC
My blog:
Securities Lawyer Blog
  • Attorney Lars Soreide Of Soreide Law Group Files FINRA Actions Against Ellen Erenstein For Selling TICs And Other High Risk Private Placements 0 comments
    Nov 1, 2012 3:32 PM

    Attorney Lars Soreide, of Soreide Law Group, has filed a FINRA arbitration against Ellen Erenstein, and Investors Capital, for the sale of Tenants In Common (TIC) real estate investments and other high risk private placements.

    The TIC'S and alternative investments sold to Soreide Law Group's client, recommended by Ms. Erenstein, have not performed well and are illiquid. Investors who have invested in these TICs have lost the majority, if not all, of their investments. Ms. Erenstein often touted the tax benefits and safety of TIC investments without adequately disclosing the level of risk.

    It is alleged in the FINRA action that the TICs and private placement investments were inappropriate due to the investor's age, financial situation and sophistication.

    Investors in Charlestowne, LLC, Commonwealth Capital Corp.'s Income and Growth Fund V, Icon Leasing Fund Eleven, Shoreview Corporate Center, and Doral Court TICs, have retained Soreide Law Group to recover their losses.

    If you invested in a TIC or other private placement investments through Ellen Erenstein, formerly of Investors Capital Corp., and believe you were misled, call (888) 760-6552.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Back To Soreide Law Group's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Most Commented
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.