Securities Arbitration Lawyers Blog

Woodbridge Wealth and Woodbridge Group Victims

December 4, 2017 | Silver Law Group

As a prospective investor, it is important that you are regularly researching the nature of both the transactions and investment firms that you are investing with. The reason for this is that there are many opportunities to lose a substantial amount of investment capital by investing with firms that are not complying with SEC regulations within the United States.

This is precisely why it is best to be well-informed about each and every investment trade that you are putting your capital towards. This way, you can avoid being subject to investment fraud. That said, it is important to be aware of which firms are undergoing investigations by the SEC.

Background on Woodbridge Wealth

Woodbridge Wealth and Woodbridge Group Losses

December 4, 2017 | Silver Law Group

Woodbridge Wealth Losses

There are many different investment opportunities out there on the market regarding securities both registered and unregistered. Where this market gets quite complex is when investors are not provided with the proper information to make a sound decision on their investment.

Due to the complexity of these transactions, there is an opportunity for an investment firm to take advantage of investors that do not have a strong awareness of the financial sector and, as a result, engineer hidden clauses with opportunities to make additional profits through excessive fee charging.

Woodbridge Wealth Investment Fraud Lawyers

December 4, 2017 | Silver Law Group

Recently, there has been a great deal of intrigue regarding Woodbridge Wealth and their affiliated limited liability companies in terms of their potential involvement in allegations of fraud, trading of unregistered securities, and permission of transactions with unlicensed brokers while simultaneously raising more than $1 billion in capital from investors.

Due to these suspicions and the substantial amount of capital involved, the SEC has decided to formally investigate Woodbridge Wealth and their affiliates. If you have invested with Woodbridge Wealth or one of its affiliates, it is important that you carefully review the details of your investment and stay informed regarding their pending investigation.

Important Information Regarding Woodbridge Wealth

Woodbridge Wealth’s Potential Fraud

December 4, 2017 | Silver Law Group

SEC regulations are intended to provide investors with a framework of full disclosure of risks and anti-fraud provisions. That said, there are still investment schemes that are not following the protective measures as set out by the SEC.

For this reason, it is important to carefully consider what company you will be investing with and verify the reputation of that company before moving forward with signing the contracts. From time to time there are companies that the SEC scrutinizes to ensure that they are in fact complying with its regulations regarding the trading of securities.

Woodbridge Wealth is currently one of those companies in which the SEC is investigating.

What the SEC Says About Woodbridge Wealth

December 4, 2017 | Silver Law Group

The SEC handles the protection of fostering transparent and competitive markets that are financially sound. In order to achieve this, the SEC issues regular fraud warnings regarding certain types of financial instruments in order to protect consumers and brokers. The SEC’s recommendations can be used as a useful tool to protect both your present and future investment opportunities.

The SEC recommends caution when it comes to the trading of unregulated securities, particularly when they are presented to consumers in the form of mortgages that promise a high yield of returns.

One such firm that is undergoing an investigation by the SEC is Woodbridge Wealth. Investors that have invested with any of their affiliates should review their investment agreements and get a second opinion by an experienced securities attorney.

Woodbridge Wealth and Woodbridge Group of Companies SEC Investigation

December 4, 2017 | Silver Law Group

Within the United States there has been a severe crack down on the trading of securities since the sub-prime mortgage crisis in 2008. The reason for this is that there was far too little regulation on how securities are traded and whether investors were receiving full disclosure on the nature and risks of what they were investing in.

In recent years, the Securities and Exchange Commission (SEC) has instituted reforms in cooperation with many government agencies with the objectives of making a unified and fair market within the United States that protects American consumers.

While this market has improved substantially since 2008, there are still instances where companies are investigated by the SEC in order to ascertain whether they are in fact complying with SEC regulations.

FINRA Suspends Registered Individuals in November 2017 for Violations of FINRA Rules

December 1, 2017 | Silver Law Group

According to FINRA Disciplinary actions for November 2017, the following individuals were suspended from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules:

NAME	FORMER EMPLOYERS
Donald C. Blackwell	Calton & Associates, Inc.
Donald C. Blackwell	J.P. Turner & Company, LLC
Samiul Anam Chowdhury	MML Investors Services, LLC
Samiul Anam Chowdhury	NYLife Securities LLC
Wayne Earl Cooksey	Lincoln Financial Advisors Corporation
Argenis T. Cortes	Charles Schwab & Co., Inc.
Argenis T. Cortes	J.P. Morgan Securities LLC
Vincent Frank D’Accardi	Stifel, Nicolaus & Company, Inc
Matthew Evan Eckstein	Gould, Ambroson & Associates Ltd.
Matthew Evan Eckstein	Sisk Investment Services, Inc.
Christopher Anthony Fernan	Salomon Whitney Financial
Christopher Anthony Fernan	Rockwell Global Capital, LLC
Matthew Douglas Garrett	MML Distributors, LLC
Suhail Saleem Khan	LPL Financial LLC
Suhail Saleem Khan	Kingsview Asset Management, LLC
Rick Douglas Konecny	National Securities Corporation
Rick Douglas Konecny	J.P. Morgan Securities LLC
Spencer David Laufer	J.H. Darbie & Co., Inc.
Spencer David Laufer	Joseph Stone Capital LLC
Kevin Allen Mee	J.P. Morgan Securities LLC
Kevin Allen Mee	Wells Fargo Advisors, LLC
Cornelius Peterson	Morgan Stanley
Stanley Calvin Pigue	Edward Jones
James S. Polese	Morgan Stanley
James S. Polese	UBS Financial Services Inc.
Jordan Charles Rodden	LPL Financial LLC
Jordan Charles Rodden	Raymond James & Associates, Inc.
Amus Desmond Stevens	J.P. Morgan Securities LLC
Amus Desmond Stevens	Wells Fargo Advisors, LLC
Jamie Yuvonne Strickland	Suntrust Investment Services, Inc.
Jamie Yuvonne Strickland	Wells Fargo Advisors, LLC

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Registered Individuals Suspended by FINRA in November 2017 for Failure to Comply with FINRA Rules

December 1, 2017 | Silver Law Group

According to FINRA Disciplinary actions for November 2017, the following individuals were suspended from FINRA for failing to comply with a FINRA arbitration award or settlement agreement pursuant to FINRA rules:

NAME	FORMER EMPLOYERS
Joseph Orazio Degregorio	Garden State Securities, Inc.
	First Standard Financial Company LLC
Valery Vitalievich Gurin	UBS Financial Services Inc.
	Edward Jones
Levi David Lindemann	J.P. Turner & Company, LLC
	Workman Securities Corporation
John Scott Matthews	Global Arena Capital Corp
	Equities Trading Corp
Ataf Nabli	Merrill Lynch, Pierce, Fenner & Smith Inc
	Banc of America Investment Services, Inc.
Carrie Riley	Merrill Lynch, Pierce, Fenner & Smith Inc.
	Morgan Stanley
Englebert Sarmiento	Network 1 Financial Securities, Inc.
	E.J. Sterling, LLC

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

FINRA Bars Registered Individuals for Filing to Comply with FINRA Rules in November 2017

December 1, 2017 | Silver Law Group

According to FINRA Disciplinary actions for November 2017, the following individuals were barred from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules:

NAME	FORMER EMPLOYERS
Christina Albert
Chad Michael Anderson	Farmers Financial Solutions, LLC
Woodley Hannon Bagwell	Raymond James & Associates, Inc.
Woodley Hannon Bagwell	Morgan Keegan & Company, Inc.
Damani A. Barham	Morgan Stanley
Damani A. Barham	TD Ameritrade, Inc.
Thomas Joseph Borruso	LPL Financial LLC
Thomas Joseph Borruso	Rockwell Global Capital LLC
Sonya Michelle Brown
Theophilus K. Denanyoh
Daniel Paul Doogs	Ameriprise Financial Services, Inc.
Daniel Paul Doogs	IDS Financial Services Inc.
Daniel A. Dupont	Santander Securities LLC
Daniel A. Dupont	Mutual of Omaha Investor Services, Inc.
Mariam Gabashvili	J.P. Morgan Securities LLC
Albert Sidney Gersh	LPL Financial LLC
Albert Sidney Gersh	Morgan Stanley DW Inc.
Robert Norman Greco	Morgan Stanley
Bettye Clements Hays	Principal Securities, Inc.
Bettye Clements Hays	Princor Financial Services Corporation
John Kaleihiehie Kai	First Allied Securities, Inc.
John Kaleihiehie Kai	Commonwealth Financial Network
David Russell Kondracke	Merrill Lynch, Pierce, Fenner & Smith Inc
David Russell Kondracke	Advest, Inc.
Danielle Lamb
Chea Anetta Ledbetter
Jacob Richard Luithle	Pruco Securities, LLC
Jacob Richard Luithle	NYLife Securities LLC


Sampson Pearson Jr.	Northwestern Mutual Investment Services, LLC
Sampson Pearson Jr.	Robert W. Baird & Co. Inc.
Douglas A. Rabess	NYLife Securities LLC
Frank Blaise Anthony Restifo, Jr.	The Huntington Investment Company
Matthew Patrick Seemann	Wells Fargo Clearing Services, LLC
Matthew Patrick Seemann	Morgan Stanley Smith Barney
Matthew Carl Shepard	Securian Financial Services, Inc.
Matthew Carl Shepard	Wealthspan Financial Group
Elizabeth Eunyoung Skillman	LPL Financial LLC
Elizabeth Eunyoung Skillman	TD Ameritrade, Inc.
Maria Nancy Tamburro	Ameriprise Financial Services, Inc.
Bethany Chanel Thompson	Foresters Financial Services, Inc.
Matthew D. Webster	Wells Fargo Advisors, LLC
Matthew D. Webster	Cadaret, Grant & Co., Inc.

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Registered Individuals Barred by FINRA in October 2017 for Violations of FINRA Rules

December 1, 2017 | Silver Law Group

According to FINRA Disciplinary actions for October 2017, the following individuals were barred from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules:

NAME	FORMER EMPLOYERS
Nicholas Esteban Arango	Joseph Stone Capital LLC
Nicholas Esteban Arango	Rockwell Global Capital LLC
Leonardo S. Araujo	TD Ameritrade, Inc.
Leonardo S. Araujo	Edward Jones
Michael Biggs	Bank of America, N.A.
Michael Biggs	Merrill Lynch, Pierce, Fenner & Smith Inc
Shawn Evan Burns	Salomon Whitney Financial
Shawn Evan Burns	Cape Securities Inc.
Brian M. Cain	Edward Jones
Brian M. Cain	Primevest Financial Services, Inc.
Jaime Renato Cerda
Steven Gary Dash	Hallmark Investments, Inc.
Steven Gary Dash	GunnAllen Financial, Inc.
Diane Lee Dubshinski	Cape Securities Inc.
Diane Lee Dubshinski	1^st Discount Brokerage, Inc.
Kristopher A. Galicia Rodriguez	NYLife Securities LLC
Yohandy Gonzalez	J.P. Morgan Securities LLC
Yohandy Gonzalez	AXA Advisors, LLC
Maria Cecilia Yumang Haoson
David Travis Hicks III	Allstate Financial Services, LLC
Issei Kubota	Citigroup Global Markets Inc.
Dale Anne Luce	RBC Capital Markets LLC
Dale Anne Luce	UBS Financial Services Inc.
Susan V. Magann
Kenneth Paul Mulvaney	MHA Financial Corp
Marc Harold Pearl	Wells Fargo Advisors, LLC
Marc Harold Pearl	LPL Financial LLC
Gerald Edward Peterson	Farmers Financial Solutions, LLC
Florence Santiago
Jason Soricelli
Scott Ellis Stacke	William Blair & Company LLC
Nancy Todd
Robert C. Tsai	E*Trade Securities LLC
Robert C. Tsai	TD Ameritrade, Inc.
Victoria Anne VanDyke	Corinthian Partners, LLC
Victoria Anne VanDyke	Matrix U.S.A., LLC
Rosa Alicia Vazquez	Integrity Brokerage Services, Inc.
Rosa Alicia Vazquez	White Pacific Securities, Inc.

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.