2. Legal Articles
  3. Business
  4. Lawsuit Filed Against Ameritas Investment Corp

REFINE BY AREAS

Search Legal Articles

Lawsuit Filed Against Ameritas Investment Corp

by Lars Kristian Soreide on Sep. 19, 2016

Business Securities Business  Banking & Finance 

Summary: Lawsuit Filed Against Ameritas Investment Corp alleging that advisor Thomas Carreras mishandled investor funds.

Soreide Law Group has filed a filed a statement of claim versus Ameritas Investment Corp alleging that Ameritas and its financial advisor Thomas Carreras engaged in speculative inverse and leveraged ETF trading strategies on behalf of its investors which included investors of retirement age. Respondent and Mr. Carreras failed to advise its clients that holding inverse and leveraged ETFs longer than a single trading day violated FINRA guidelines for investing in these vehicles. Respondent’s high risk investment strategy caused substantial losses to Claimant’s savings during a time when the global markets have enjoyed substantial returns.  Soreide Law brings claims before FINRA nationwide and operates on a contingency fee basis.
 
If you have suffered losses with Mr. Carreras and Ameritas please contact us at http://www.securitieslawyer.com or call 1-888-760-6552

Legal Articles Additional Disclaimer

Lawyer.com is not a law firm and does not offer legal advice. Content posted on Lawyer.com is the sole responsibility of the person from whom such content originated and is not reviewed or commented on by Lawyer.com. The application of law to any set of facts is a highly specialized skill, practiced by lawyers and often dependent on jurisdiction. Content on the site of a legal nature may or may not be accurate for a particular state or jurisdiction and may largely depend on specific circumstances surrounding individual cases, which may or may not be consistent with your circumstances or may no longer be up-to-date to the extent that laws have changed since posting. Legal articles therefore are for review as general research and for use in helping to gauge a lawyer's expertise on a matter. If you are seeking specific legal advice, Lawyer.com recommends that you contact a lawyer to review your specific issues. See Lawyer.com's full Terms of Use for more information.