This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Soreide Law Group is Investigating Brokerage Firms For The Sale Of NUGT And Other Gold Securities

Soreide Law Group is representing several investors who were sold GDXJ, GDX, and NUGT by their stock brokers around the United States. The Direxion Daily Gold Miners Bull 3X index or "NUGT” is a highly leveraged investment that is not suitable for risk adverse retired investors according to the Financial Industry Regulatory Authority. These investments were presented to clients as conservative gold investments. However, NUGT is a speculative investment that is typically reserved for day traders and not long term gold investors who are seeking to hedge a weakening dollar. These investments seek to replicate various gold mining indexes and do not exactly track the price of gold. NUGT utilizes leverage and all of these gold stock investments are down more than 40% this fiscal year.

Many investors who have heavy gold related losses had brokers who failed to limit their losses, over-concentrated their portfolios in gold, excessively traded, recommended risky gold related assets, used excessive margin, and touted risky gold assets as safe investments. If you feel that your broker has committed these or other negligent acts with your account you may have a viable claim for monetary recovery.

If your stock broker or financial advisor recommended GDXJ also known as the Market Vectors Junior Gold Miners EFT or other high risk gold investments such as GDXJ, GDX or NUGT the highly leveraged Gold miners index that replicates 3 times the daily results please call securities attorney Lars Soreide, Esq., of the Soreide Law Group for a free consultation to learn how you could potentially recoup some of your gold losses at (888) 760-6552. Soreide Law Group is representing investors nationwide before FINRA. For more information as to how you could potentially recover your GDXJ, GDX or NUGT losses through a FINRA arbitration visit our website at:

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs