Matthew Woodard and First Allied Securities, Inc.
Have you lost money with financial advisor Matthew Woodard of Farmington, Connecticut? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Matthew C. Woodard. FINRA barred Woodard from the securities industry after he failed to respond to a FINRA investigation. FINRA was investigating Woodard regarding allegations that he converted or stole money from a deceased client of his brokerage firm, First Allied Securities.
Matthew Woodard was affiliated with First Allied Securities, Inc. from February 2015 to October 2015. He was also a financial advisor and registered representative of ProEquities from September 2013 to September 2014, and with LPL Financial from April 2012 to July 2013. He worked at branch offices in Farmington and Vernon, Connecticut.
Brokerage firms like First Allied Securities have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado and the Seattle area. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Connecticut. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including LPL Financial, Merrill Lynch, Morgan Stanley, Smith Barney, Stifel Nicolaus & Company, UBS Financial Services, Oppenheimer, Charles Schwab, Wells Fargo Advisors, Ameriprise Financial Services, Raymond James, ProEquities, Securities America, National Securities Corp., and many others.
If you lost money with Matthew Woodard, First Allied Securities, ProEquities, or LPL Financial, please Contact Us at 720-599-3505 for a free evaluation of your case.
Click to view: Woodard FINRA AWC
Click to view: Woodard BrokerCheck 2.22.16