Robert Hayes Hoffman, of Greenwood, Indiana, a stockbroker formerly registered with Woodbury Financial Services, Inc., has been named in a customer initiated investment related arbitration claim on April 17, 2017, in which the customer requested $3,200,000.00 in damages based upon allegations that Hoffman sold away from his firm, churned the customer’s account, and effected unauthorized as well as unsuitable investment transactions in the customer’s account in connection with the customer’s real estate security, mutual fund, and variable annuity transactions.
Financial Industry Regulatory Authority (FINRA) Public Disclosure additionally reveals that on September 22, 2015, a customer initiated investment related written complaint involving Hoffman’s conduct was settled for $47,574.63 in damages based upon allegations that he effected a variable annuity purchase that was unsuitable and which caused the customer to bear adverse tax consequences.
Hoffman’s registration with Woodbury Financial Services, Inc. was terminated on March 16, 2017. Since then, he has been registered with Thurston, Springer, Miller, Herd & Titak, Inc.
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com
