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Have you Invested in a Woodbridge Structured Financial Product or Promissory Note?
You may be a victim of securities fraud. Call or message the Law Firm of Lubiner Schmidt & Palumbo for a confidential, attorney consultation.
Our team of securities fraud attorneys is interested in talking to investors who purchased Woodbridge Promissory Notes. Presently we are investigating allegations and claims levied by the SEC as well as state regulators concerning Woodbridge Wealth Management. Woodbridge has been under investigation by State Securities Agencies sin 2015, filed for bankruptcy in December 2017, and has been labeled as a Ponzi Scheme by the SEC.
IT DOES NOT MATTER WHEN YOU PURCHASED WOODBRIDGE SECURITIES - YOU MAY BE ENTITLED TO RECOVERY OF YOUR LOST ASSETS
RECOVERY OF INVESTMENT LOSSES
If you have invested in Woodbridge we can help you recover your assets.
The registered investment advisors who sold Woodbridge Promissory Notes had an obligation to perform basic research on the securities they recommended, otherwise they were acting negligently. Investment advisors who sold the Woodbridge Promissory Notes should have been aware of state investigations being commenced against Woodbridge dating back to 2015. Failure to reveal this information to you constitutes a breach of the investment advisor's fiduciary duty.
Investment advisors who sold Woodbridge were given massive incentive by Woodbridge Investments to market their products without performing even cursory due diligence. Brokers collected thousands in commissions on Woodbridge promissory notes. One Florida broker dealer which was the leading seller of Woodbridge Promissory Notes earned more than $5.8 million in sales commissions according to an SEC complaint against the brokers.
Brokers who marketed this product in newspapers and radio ads in addition to breaching their fiduciary obligations and duty to disclose material information may also have securities fraud also violated suitability rules.
Woodbridge filed for bankruptcy in December 2017 and since then investors have stopped collecting interest payments on the products. Investors waiting for a resolution in a bankruptcy case may see a return of some of their lost principal. This is only one way for investors to recoup some of their losses. Investor can also file a state court claim or arbitration claim for fraud against their broker to recover their hard-earned assets. No matter how the bankruptcy against Woodbridge is resolved, brokers who marketed this product are still liable for unsuitability, breach a fiduciary duty, and a host of other securities and broker dealer violations.
The attorneys of Lubiner Schmidt & Palumbo have been extensively involved in the Woodbridge Wealth Management and Promissory Note scandal. We have handled regulatory work dealing with the New Jersey Bureau of Securities and Woodbridge and are presently working for investors who have sustained total loses in their Woodbridge Promissory Notes.
If you have invested in Woodbridge Funds or purchased a Woodbridge promissory note please contact us at (908)709-0500 or email aschmidt@lslawyers.com for a consultation.
The Law offices of Lubiner Schmidt & Palumbo are located at 123 North Union Ave, Cranford, NJ 07016. Our securities firm has handling securities fraud cases since 1991. Please contact us for a consultation and to hear about your options in connection with investment losses from Woodbridge.