Lars Kristian Soreide’s Answers

Lars Kristian Soreide

Fort Lauderdale Securities / Investment Fraud Attorney.

Contributor Level 3
  1. Personal Injury Claim with Insurance Companies: Can a claimant self represent and process a lawsuit in Florida?

    Answered almost 2 years ago.

    1. Edward J. Fucillo
    2. Hernando Victor Pineres
    3. Alyson Marie George
    4. David Hughes Harris
    5. Leland Eric Garvin
    6. ···
    14 lawyer answers

    I hire lawyers and I am a lawyer. Ever hear the saying anyone who represents himself has a fool for a client? It is very hard to be impartial and objective when you are representing yourself. I did it once for myself in a breach of patent action in Federal court because I didn't want to pay a patent attorney to enforce my patent. I quickly realized that it was impossible because I would have to be a witness. Hire a lawyer, most personal injury lawyers work on a contingency fee so there are not...

    7 lawyers agreed with this answer

  2. Bankruptcy and Lawsuit

    Answered almost 2 years ago.

    1. Dennis Andrew Chen
    2. Sagi Shaked
    3. Andrew Daniel Myers
    4. Christian K. Lassen II
    5. Emily Rose Stone
    6. ···
    7 lawyer answers

    If it is a legitimate bankruptcy and you are named as a potential creditor the lawsuit will be stayed until the bankruptcy court discharges the debt. Consider consulting a local attorney because there are certain circumstances where he will not be able to discharge the suit for instance if you are alleging fraud. Here is a list of debts that can't be discharged under chapter 7 of the bankruptcy code: Taxes and tax liens Student loans Alimony and child support (domestic...

    1 lawyer agreed with this answer

  3. I have a Florida business and had entered into a purchase and sales with a group from Massachusetts and used a Ma att?

    Answered almost 2 years ago.

    1. Lars Kristian Soreide
    2. Mikal M. Weiss
    3. Peter Joseph Lamont
    3 lawyer answers

    Sounds like you are doing business with a Massachusetts based business and MA licensed attorney. With the limited information I have it sounds fine. There is no notary requirement that I am aware of on basic purchase and sale agreements in FL or MA.

  4. We are purchasing a boat for near $300k. The boat dealer wants to be paid in installments during production.

    Answered almost 2 years ago.

    1. Jimmy Allen Davis
    2. Lars Kristian Soreide
    2 lawyer answers

    Put it in a lawyers escrow account to be released upon completion. Also check and see if he could post a bond to cover your boat in the event he goes under.

  5. My financial consultant invested me in Unit Investment Trust instruments which tanked in 2008, I lost $40,000! How do I recover?

    Answered almost 2 years ago.

    1. Inna Fershteyn
    2. Patrick X Amoresano
    3. Charles Michael Tobin
    4. Howard Robert Roitman
    5. Robert V Cornish Jr.
    6. ···
    6 lawyer answers

    I have sued over these products before and won. This would have to be brought before the Financial Industry Regulatory Authority or FINRA and there is a 6 year statue of limitations to bring claims. UITS are a relatively new investment vehicle and most investors are not fully aware of the many risks associated with these instruments. a UIT is a fixed portfolio with a finite life that invests in socks or bonds. It is essentially a static basket of securities with an expiration date. UITs are...

    1 lawyer agreed with this answer

    1 person marked this answer as helpful

  6. Can a person sue a financial advisor for not doing anything (advising) after thier money is all gone ?

    Answered almost 2 years ago.

    1. Adam Troy Savett
    2. Robert V Cornish Jr.
    3. Charles Michael Tobin
    4. Lars Kristian Soreide
    4 lawyer answers

    The act of recommending carries liability for brokers even in non discretionary accounts. Some courts have held they are your fiduciary. The problem as I see it from the limited information I am given is damages. Spent money does not equate to losses. One has to assume you received some financial benefit or acquired some assets spending the money which is markedly different that the stock plummeting to zero while your broker sat on your hands. The first place you should start is looking at the...

    1 lawyer agreed with this answer

  7. How the checks consider as a proof of debit if i use it in the court or to sue someone?

    Answered almost 2 years ago.

    1. Frank Wei-Hong Chen
    2. Richard Scott Lysle
    3. Mikalah Liviakis
    4. Lars Kristian Soreide
    4 lawyer answers

    Consider going online to a free lawyer document site like docstoc and get a promissory note template off that site to get your friend to sign. Also many states require the promissory notes to have documentary stamps or doc stamps attached to them to be valid. Consult a local CA attorney. Also consider a simple contract which you can also pull off that same site just to memorialize the entire scope of the deal in writing. Good luck.

    1 lawyer agreed with this answer

  8. Gave $ to a friend as an investment to open a business. The money has been spent, but not on the business. Can I get it back?

    Answered almost 2 years ago.

    1. William T Harrington
    2. Emma A. Kremer
    3. Anjali Gupta Stevenson
    4. Henry Lebensbaum
    5. Benjamin Urbelis
    6. ···
    8 lawyer answers

    Since this is a friend you may not have a contract involved which is unfortunately too common. I hope you documented the payment at least by lending the money by check and writing in the memo loan so there is at least a record of it. From what you posted sounds like you have a pretty straight forward breach of contract case and will need to consult a lawyer about filing suit. Also might want to consider pursuing a civil theft claim which could entitle you to treble damages. Sounds like he just...

    1 lawyer agreed with this answer

  9. Hedge fund invested in a pontiff when they said they do their own trading . Can i sue for my money back

    Answered almost 2 years ago.

    1. Robert V Cornish Jr.
    2. Lars Kristian Soreide
    2 lawyer answers

    Start by pulling the ppm and the account opening documents with this firm. There may be an arbitration clause and a forum selection clause. This would limit your ability to pursue legal action if for instance they were out of state. If there investment policies or procedures stated in the ppm wasn't what took place in practice than you may have a claim. Good luck!

    1 person marked this answer as helpful

  10. I invested in companies, paying by credit card. The companies were frauds. Can I recover my money from the credit card company

    Answered almost 2 years ago.

    1. Richard Scott Lysle
    2. Harry Edward Hudson Jr
    3. Charles Michael Tobin
    4. Lars Kristian Soreide
    4 lawyer answers

    Most likely not for a number of different reasons. This investment took place in 2007, so after 6 years most all claims would be time barred. Also the act of processing a credit card doesn't necessarily provide any proof of any culpable negligence. Best bet is to contact your state's division of securities and hope that after a criminal prosecution ensues you will be awarded some level of restitution you can collect. Good luck.

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