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Soreide Law Group
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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
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Soreide Law Group PLLC
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Securities Lawyer Blog
  • Did Your Broker Invest You In This Year's Losers? 0 comments
    May 15, 2013 4:43 PM | about stocks: GRPN, BVN, SID, JCP, CLF, AMD

    The S&P 500 index has been doing great over the last 12 months. If your broker or financial advisor has mismanaged your money and significantly underperformed the index it could be a sign of broker negligence. There are a number of factors that need to be looked at such as risk tolerance, suitability, age, excessive trading, and a number of other factors to determine if broker fraud or negligence occurred. One starting point is to take a look at a list of securities at the bottom of this page and see if your broker invested your money in any of these and failed to limit your losses.

    The stocks below have a market capitalization of over $1 billion (so they are widely held), have more sell than buy recommendations, have decreased in value over 35% in the last 52 weeks, and are listed on the AMEX, NASDAQ, or NYSE.

    If your broker or financial advisor invested your money in the below losers or you have other significant losses over $50,000 please get in touch with Soreide Law Group PLLC to discuss how we can help you recover your losses. We service nationwide USA and do not charge a fee unless there is a recovery.

     

     

    BVNCompania de Minas Buenaventura SA (ADR)
    SIDCompanhia Siderurgica Nacional (ADR)
    GRPNGroupon Inc
    JCPJ.C. Penney Company, Inc.
    CLFCliffs Natural Resources Inc
    AMDAdvanced Micro Devices, Inc.
    ZNGAZynga Inc
    OIBROi SA (ADR)
    APOLApollo Group Inc
    YZCYanzhou Coal Mining Co Ltd (ADR)
    HMYHarmony Gold Mining Co. (ADR)
    MTLMechel OAO (ADR)
    ANRAlpha Natural Resources, Inc.
    KCGKnight Capital Group Inc.
    NIHDNII Holdings, Inc.
    VVUSVIVUS, Inc.
    MCPMolycorp Inc
    WLTWalter Energy, Inc.
    RENNRenren Inc
    ACIArch Coal Inc

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

    Themes: ACI, RENN, WLT, MCP, VVUS, NIHD, KCG, ANR, MTL, HMY, YZC, APOL, OIBR, ZNGA, AMD Stocks: GRPN, BVN, SID, JCP, CLF, AMD
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