Tag Archives: Woodbury Financial Services

Pagartanis Barred For Hindering Ponzi Investigation

Steven Pagartanis of Setauket New York a stockbroker formerly registered with Lombard Securities Incorporated who is barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he obstructed a FINRA investigation into allegations that he misappropriated customer funds and made fraudulent misrepresentations. Letter of Acceptance […]

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Woodbury Financial Services Stockbroker Terminated For Outside Business Activities

January 19, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

David Albert Ross, of Murfreesboro, Tennessee, a stockbroker registered with Woodbury Financial Services, was terminated from employment on April 15, 2016, based upon allegations that Ross, inter alia, effected unauthorized loan arrangements with the firm’s customers and engaged in an outside business activity that was not authorized by Woodbury Financial Services. FINRA Public Disclosure reveals […]

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Woodbury Financial Services Inc. Fined for Failure to Supervise

Woodbury Financial Services, Inc., of Oakdale, Minnesota, was censured and fined $100,000 by Financial Industry Regulatory Authority (FINRA) for failing to apply sales charge discounts to certain customers’ eligible purchases of unit investment trusts (“UITs”) in violation of FINRA Rule 2010; as well as failing to establish, maintain and enforce a supervisory system and written […]

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Woodbury Financial Services Stockbroker Barred for Stealing

Joseph R. Butler, a Stockbroker with Woodbury Financial Services, Inc., was permanently barred from association with any Financial Industry Regulatory Authority (FINRA) member firm after the National Adjudicatory Council confirmed a Hearing Panel Decision barring Butler for converting customer’s funds and submitting a false annuity beneficiary change request. In the Matter of Department of Enforcement […]

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