Securities Arbitration Lawyers BlogWhat the SEC Says About Woodbridge Wealth
The SEC handles the protection of fostering transparent and competitive markets that are financially sound. In order to achieve this, the SEC issues regular fraud warnings regarding certain types of financial instruments in order to protect consumers and brokers. The SEC’s recommendations can be used as a useful tool to protect both your present and future investment opportunities.
The SEC recommends caution when it comes to the trading of unregulated securities, particularly when they are presented to consumers in the form of mortgages that promise a high yield of returns.
One such firm that is undergoing an investigation by the SEC is Woodbridge Wealth. Investors that have invested with any of their affiliates should review their investment agreements and get a second opinion by an experienced securities attorney.
Why Woodbridge Wealth Is Under Investigation
Even though the SEC began to look into Woodbridge Wealth one year ago, the investment is important because there is such a high amount of capital involved, exceeding $1 billion of funding from investors. Additionally, their corporate structure is elusive in terms of how many different limited liability companies they possess to handle their nationwide transactions.
Investors that suspect they invested in any or all of these entities should ensure whether they were informed properly regarding fees and other material misrepresentations regarding their investment contracts.
The allegations in this investigation include misrepresentation, fraud, the trading of unregistered securities, and using brokers without licenses for the trades.
Woodbridge Wealth’s failure to comply with the SEC investigation and their CEO, Robert Shapiro, taking his Fifth Amendment rights in court makes the investigation far more serious than when the SEC first opened the case. Investors that have ties to Woodbridge Wealth or have invested in its products are encouraged to closely analyze their investment contracts.
SEC Recommendations Regarding Fraud Victims
Many investors feel that if they did not see the fraudulent activity before they invested, that it is too late. In fact, the opposite is true.
Regardless of whether you invested in Woodbridge Wealth or any other firm under question, there is still an opportunity to achieve success by challenging your investment.
Individuals that have signed investment contracts and that have little experience in the financial sector can reach out to our attorneys that have experience in investment fraud and an established record of success.
Finding Effective Legal Counsel to Assist You
When there is a major SEC investigation such as the SEC’s investigation of Woodbridge Wealth, it is important to find a law firm that has a proven track record with investment frauds and lawsuits.
At Silver Law Group, we have an established success rate with high recoveries on our investment fraud cases both in class actions and individual cases nationwide.
If you have any investments with Woodbridge Wealth or one of their affiliates, it is highly recommended that you contact our office for a consultation to discuss the specifics of your case. By doing so, you will be able to select the best option to have the potential opportunity to recover your investment.