Did you incur investment losses with Woodbury Financial?
The Securities Law Firm of Menzer & Hill, P.A. is investigating claims involving Woodbury Financial related to their alleged overcharging of UIT transactions.
Woodbury has been fined $100,000 by FINRA.
Fortunately, for those investors that incurred losses investing with Woodbury may be able to recover those losses through the FINRA arbitration process.
Under FINRA rules and regulations, Broker-Dealers are responsible for supervising the actions of those advisors registered with their firm, and therefore may be held liable for the actions of their Broker(s).