Securities Lawyers Blog
We represent clients of financial advisors and brokerage firms in investment disputes against their firms, such as Woodside Capital Securities LLC. Our services cover a wide spectrum of broker misconduct, including unsuitable investments, failure to supervise, and losses in various investment products. Our firm can analyze your brokerage accounts, determine the extent of your investment losses, and understand the issues and remedies available.
Woodside Capital Securities is the broker-dealer affiliate of Woodside Capital Partners, an independent investment bank that provides mergers and acquisitions advisory, strategic partnership, and private placement services to emerging growth companies in technology, internet services, communications, and healthcare. Headquartered in Palo Alto, California, the firm is part of a group that has offered investment banking services worldwide since 2001, with additional offices in Rancho Santa Fe, New York, and London.
Woodside Capital Securities LLC – By the Numbers:
- CRD #: 152603
- Regulatory Events: 2
- Broker Employees: 12
Woodside Capital Securities LLC – In the News:
FINRA v. Woodside Capital Securities LLC (Case #2023077033101) – Between September 2021 and May 2024, Woodside had only one general securities principal, which is below the minimum required by FINRA Rule 1210.01. Also, Woodside became a FINRA member in 2010 and did not conduct independent testing of its anti-money laundering (AML) program until 2023, thereby violating FINRA Rule 3310(c). For these violations, Woodside is censured and fined $30,000.
FINRA v. Woodside Capital Securities LLC (Case #2015043457801) – From September 2012 to January 2016 (the “relevant period”), Woodside distributed numerous communications that met the definition of “Research Report” under NASD Rule 2711 and FINRA Rule 2241 without ensuring that: (1) its personnel were properly registered as research analysts and research principals as required by NASD Rules 1022(a)(5) and 1050(a); (2) research-related written supervisory procedures were in place pursuant to NASD Rules 2711(i) and 3010(b) and FINRA Rule 3110(b); and (3) required disclosures were made in the research reports, as required by NASD Rule 2711(h) and FINRA Rule 2241(c). As a result, Respondent Woodside violated NASD Rules 1022, 1050, 2711 (for conduct on or before December 24, 2015), and 3010 (for conduct on or before November 30, 2014) and FINRA Rules 2241 (for conduct on or after December 25, 2015), 3110 (for conduct on or after December 1, 2014), and 2010.
Gana Weinstein LLP has successfully litigated broker disputes through verdict or settlement. We represent both individuals and institutions throughout the country in FINRA arbitration, as well as commercial litigation in state and federal courts. Our consultations are both free and thorough and our securities litigation attorneys can help you uncover wrongful activity in your account.