Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Woods (Woods), currently associated with Wedbush Securities INC., has at least one disclosable event. These events include one customer complaint, alleging that Woods recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,089,925.00 on June 27, 2025.
In the Statement of Claim, Claimant asserts the following causes of action: Breach of Fiduciary Duty, Unsuitable Investment Recommendations, Negligence, Failure to Supervise, Violations of Standards of Commercial Honor and Principles of Trade, Violations of Section 10(b) of the SEC Act of 1934 and Rule 10b-5, and Violations of SEC Regulation Best Interest (Reg BI) from Nov 2023- March 2024.