Tag Archives: Woodbury Financial Services Inc.

Investors File Arbitration Claim Against Woodbury Financial Services For Bad Investment Advice

June 12, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Non-traded REITs, Unsuitable Investment Recommendations   |   Comments Off on Investors File Arbitration Claim Against Woodbury Financial Services For Bad Investment Advice

Robert Scott Ginsberg (also known as Bob Scott Ginsberg) of Wallingford Connecticut a stockbroker currently registered with Woodbury Financial Services Inc. is referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensatory damages based upon accusations of the stockbroker’s unsuitable recommendations during the time that he was associated […]

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Woodbury Stockbroker Barred For Hindering Investigation

May 13, 2020  |   Posted by :   |   Selling Away and Outside Activities   |   Comments Off on Woodbury Stockbroker Barred For Hindering Investigation

James Garland Kennedy Jr. (also known as Jim Kennedy) of Madison Mississippi a stockbroker formerly registered with Woodbury Financial Services Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to comply with FINRA personnel when he was being investigated […]

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FINRA Bars Woodbury Financial Stockbroker In Theft Investigation

Ronald Walter Hannes (also known as Ron Hannes) of Spokane Washington a stockbroker formerly registered with Woodbury Financial Services Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon his consent to findings that he failed to cooperate with FINRA personnel’s request for his information and […]

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Investors Sue Woodbury Financial For Unsuitable REITs

Robert Scott Ginsberg (also known as Bob Scott Ginsberg) of Wallingford Connecticut a stockbroker currently registered with Woodbury Financial Services Inc. is the subject of a customer initiated investment related arbitration claim in which the customer sought $500,000.00 in damages based upon accusations that the customer had been placed into unsuitable business development companies (BDC) […]

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Investors Accuse Woodbury Of Bad Alternative Investments

Daniel John Dunn a stockbroker currently employed by Woodbury Financial Services is referenced in a customer initiated investment related complaint on March 29, 2019 in which the customer sought more than $5,000.00 in damages supported by allegations that the customer was provided poor investment advice concerning real estate security and equipment leasing interests sold by […]

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Woodbury Financial Stockbroker Barred By Regulator

Robert Hayes Hoffman of Indianapolis Indiana a stockbroker formerly registered with Woodbury Financial Services has been barred from being a stockbroker in the State of Indiana according to an Indiana Securities Division Order based upon findings of Hoffman being expelled from a self-regulatory organization for misconduct in the securities industry. Case No. 18-0001 SB (Jan. […]

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FINRA Sanctions Woodbury Financial For The Failure To Supervise Annuities

May 17, 2019  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Woodbury Financial Services Inc. a securities broker dealer headquartered in Oakdale Minnesota has been censured and fined $225,000.00 by Financial Industry Regulatory Authority (FINRA) based upon the firm’s consent to findings that it failed to supervise the suitability of annuities transactions placed in customers’ accounts to ensure that the transactions were complaint with FINRA rules […]

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Investors AccuseWoodbury Financial Of Insurance Fraud

April 10, 2019  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Barry Matthew Rumpel of Neillsville Wisconsin a stockstockbroker formerly registered with Woodbury Financial Services is the subject of a customer initiated investment related written complaint on January 23, 2018 where the customer sought $35,055.39 in damages founded on accusations that the customer was placed in a variable universal life insurance policy that was not suitable […]

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Investors Accuse Capital One Of Misconduct In Connection With Bond Sales

Anthony N. Macaluso of Floral Park New York a stockbroker formerly employed by Capital One Investing LLC is referenced in a customer initiated investment related written complaint on January 4, 2017 in which the customer requested unspecified damages supported by accusations that the customer’s managed wrap account held investments that were not suitable for the […]

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Wells Fargo Broker Terminated For Unauthorized Trading

January 29, 2019  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Solomon Wei-En Hua (also known as Wei-En Hua) of West Covina California a stockbroker formerly registered with Wells Fargo Clearing Services LLC has been terminated by the firm on May 22, 2018 during the time that Hua was subject of an internal investigation into Hua possibly (1) trading in customer accounts without authorization (2) inappropriately […]

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HD Vest Broker Barred For Obstructing Investigation

Donna Lynn Barnard of Kilgore Texas a stockbroker formerly registered with HD Vest Investment Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that she obstructed a FINRA investigation into accusations of her sales practice violations relating to her Woodbridge promissory notes […]

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Woodbury Financial Sued By Customer For Suitability

Geoffrey Scott McCash of Worthington Ohio a stockbroker formerly employed by Woodbury Financial Services Inc. is referenced in a customer initiated investment related arbitration claim in which the customer requested $350,000.00 in damages founded on allegations that the customer was placed in energy sector private placements that were not suitable for the customer. Financial Industry […]

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Woodbury Financial Sued For REIT Suitability

Robert Scott Ginsberg of Wallingford Connecticut a stockbroker formerly employed by Woodbury Financial Services is the subject of a customer initiated investment related arbitration claim where the customer sought $1,100,000.00 in damages founded on allegations that unsuitable real estate investment trust and oil and gas transactions were executed in the customer’s account. Financial Industry Regulatory […]

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Woodbury Financial Accused Of Misrepresentation

Marc Gregory Minor of East Peoria Illinois a stockbroker formerly registered with Woodbury Financial Services Inc. is the subject of a customer initiated investment related written complaint on December 23, 2016 in which the customer requested $62,000.00 in damages supported by accusations that (1) the customer incurred undue losses from an insurance company’s exercise of […]

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Edward Jones Terminates Stockbroker For Suitability

January 10, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

John Joseph Maloney III, of Morristown, Tennessee, a stockbroker formerly registered with Edward Jones, has been terminated from employment on May 10, 2016, based upon accusations that he failed to conform with the firm’s policies relating to the suitability of investment recommendations. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Maloney has been identified […]

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FINRA Fines Woodbury Financial For Failure To Supervise

January 09, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Woodbury Financial Services Inc., a brokerage firm headquartered in Oakdale, Minnesota, has been censured and fined $75,000.00 by Financial Industry Regulatory Authority (FINRA) based upon allegations that the firm failed to appropriately apply sales charge discounts for customers when the customers were eligible to receive them, overcharging them as a result. Letter of Acceptance, Waiver […]

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Woodbury Financial Broker Barred For Obstruction

November 28, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Robert Hayes Hoffman of Greenwood, Indiana, a registered representative formerly employed with Woodbury Financial Services, Inc., has been fined and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to comply with a FINRA investigation into allegations of his private securities transactions, excessive […]

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FINRA Suspends Woodbury Broker For Customer Loans

November 01, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

David Albert Ross, of Murfreesboro, Tennessee, a stockbroker formerly registered with Woodbury Financial Services, Inc., has been suspended for ten months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity by consenting to findings that he entered into unauthorized loan arrangements with customers of the firm, and engaged in outside business […]

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Woodbury Financial Services Sued For Misrepresentation

July 28, 2017  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Jose Anselmo Feliciano Jr., a stockbroker formerly registered with Woodbury Financial Services, Inc., is the subject of a customer initiated investment related written complaint on May 5, 2017, in which the customer requested $60,000.00 in damages based upon allegations that Feliciano made misrepresentations to the customer concerning two variable annuity purchases. Financial Industry Regulatory Authority […]

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Customer Brings Arbitration Claim Against Woodbury Financial Services

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 […]

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Woodbury Financial Services Named In FINRA Securities Arbitration

Daniel John Dunn, of Mission Viejo, California, a stockbroker currently registered with Woodbury Financial Services, Inc., has been named in a customer initiated investment related written complaint on August 17, 2015, in which the customer requested $48,624.47 in damages based upon allegations that Dunn made unsuitable investment recommendations to the customer concerning the sale of […]

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Woodbury Financial Subject To Customer Arbitration Alleging Unsuitability

November 02, 2016  |   Posted by :   |   Securities Arbitration Claims, Variable Annuites   |   0 Comments

Delbert W. Carnes, of Colorado Springs, Colorado, a stockbroker registered with Woodbury Financial Services, Inc., has been named in a customer initiated investment related arbitration claim on April 20, 2015, in which the customer alleged that Carnes made misrepresentations to the customer regarding the purchase of a variable annuity investment. FINRA Public Disclosure reveals that […]

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