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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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  • FINRA Arbitration Filed Against National Securities Corp. For Selling Roundstone Healthcare Partners 0 comments
    Jun 19, 2012 5:07 PM

    A FINRA arbitration was filed in February of 2012, by Securities Lawyer, Lars K. Soreide, of Soreide Law Group, PLLC, against National Securities Corporation alleging: negligence, negligent supervision, and breach of fiduciary duty; due to, among other unsuitable investments, the sale of Roundstone Healthcare Capital Partners. Roundstone Healthcare Partners, and its affiliates, recently filed a RICO suit against numerous defendants in "GREENFISH II, L.P. et al v. INTERNATIONAL PORTFOLIO, INC. et al," which alleges that Roundstone and their affiliates were sold portfolios of medical receivables at artificially inflated values with no real ability to resell. Securities attorney, Lars K. Soreide states that Roundstone then, through stock brokers and financial advisors, sold these receivables to the general public.

    Roundstone Healthcare Capital has purchased more than $2 billion of discounted portfolios of hospital patient-care receivables. The firm receives returns for its investors through collection efforts and the eventual resale of the portfolios into the secondary credit collection markets. Many brokers and broker dealers recommended this investment to their customers with doing little or no due diligence.

    If you have invested in a Roundstone receivables through your stock broker or financial advisor contact Lars K. Soreide, today at (888) 760-6552 or visit our website at: http://www.securitieslawyer.com

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

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